TELUS (TU) Total Assets : $41,843 Mil (As of Dec. 2023)

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What is TELUS Total Assets?

TELUS's Total Assets for the quarter that ended in Dec. 2023 was $41,843 Mil.

Warning Sign:

If a company builds assets at 11.4% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TELUS's average Total Assets Growth Rate was 4.10% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year. During the past 5 years, the average Total Assets Growth Rate was 11.40% per year. During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 13 years, TELUS's highest 3-Year average Total Assets Growth Rate was 35.30%. The lowest was -3.80%. And the median was 5.40%.

Total Assets is connected with ROA %. TELUS's annualized ROA % for the quarter that ended in Dec. 2023 was 2.06%. Total Assets is also linked to Revenue through Asset Turnover. TELUS's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

TELUS Total Assets Historical Data

The historical data trend for TELUS'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.

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TELUS Total Assets Chart

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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28,844.26

33,783.28

37,486.72

39,800.52

41,842.58

TELUS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															39,800.52	40,771.03	41,906.52	41,726.41	41,842.58

TELUS Total Assets Calculation

Total Assets are all the assets a company owns.

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.

TELUS's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	12896.541	+	28946.035
	=	41,843

TELUS's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	12896.541	+	28946.035
	=	41,843

TELUS (NYSE:TU) Total Assets Explanation

Total Assets is connected with ROA %.

TELUS's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	858.676	/	( (41726.406	+	41842.576)	/ 2 )
	=	858.676	/	41784.491
	=	2.06 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

TELUS's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3843.172	/	( (41726.406	+	41842.576)	/ 2 )
=	3843.172	/	41784.491
=	0.09

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.

TELUS Total Assets Related Terms

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TELUS (TU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (NYSE:TU) » Definitions » Total Assets

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Traded in Other Exchanges

BCZ:Germany T:Canada

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.