AS (Amer Sports) Total Assets : $8,828 Mil (As of Sep. 2024)

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What is Amer Sports Total Assets?

Amer Sports's Total Assets for the quarter that ended in Sep. 2024 was $8,828 Mil.

During the past 12 months, Amer Sports's average Total Assets Growth Rate was 8.30% per year. During the past 3 years, the average Total Assets Growth Rate was -1.40% per year.

During the past 5 years, Amer Sports's highest 3-Year average Total Assets Growth Rate was -1.40%. The lowest was -1.40%. And the median was -1.40%.

Total Assets is connected with ROA %. Amer Sports's annualized ROA % for the quarter that ended in Sep. 2024 was 2.61%. Total Assets is also linked to Revenue through Asset Turnover. Amer Sports's Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.

Amer Sports Total Assets Historical Data

The historical data trend for Amer Sports'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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Amer Sports Total Assets Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

8,622.50

7,950.10

7,895.10

8,373.80

8,714.90

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial								8,373.80	8,174.50	8,244.70	8,828.40	8,714.90

Amer Sports 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.

Amer Sports'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 )
	=	-156.8	+	8530.6
	=	8,374

Amer Sports's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	4112.3	+	4716.1
	=	8,828

Amer Sports (NYSE:AS) Total Assets Explanation

Total Assets is connected with ROA %.

Amer Sports's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	223.2	/	( (8244.7	+	8828.4)	/ 2 )
	=	223.2	/	8536.55
	=	2.61 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Amer Sports's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	1353.8	/	( (8244.7	+	8828.4)	/ 2 )
=	1353.8	/	8536.55
=	0.16

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.

Amer Sports Total Assets Related Terms

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Amer Sports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Konepajankuja 6, Helsinki, FIN, 00511

Website

https://www.amersports.com

Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.