Synopsys's Total Assets for the quarter that ended in Jan. 2024 was $10,558 Mil.
During the past 12 months, Synopsys's average Total Assets Growth Rate was 12.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.20% per year.
During the past 13 years, Synopsys's highest 3-Year average Total Assets Growth Rate was 87.70%. The lowest was -6.10%. And the median was 11.20%.
Total Assets is connected with ROA %. Synopsys's annualizedROA % for the quarter that ended in Jan. 2024 was 17.20%. Total Assets is also linked to Revenue through Asset Turnover. Synopsys's Asset Turnover for the quarter that ended in Jan. 2024 was 0.16.
Synopsys Total Assets Historical Data
The historical data trend for Synopsys's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Synopsys's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note:
The Net Income data used here is four times the quarterly (Jan. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Synopsys's Asset Turnover for the quarter that ended in Jan. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Synopsys Total Assets Related Terms
Thank you for viewing the detailed overview of Synopsys's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
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