ARB (ASX:ARB) Total Assets : A$792.3 Mil (As of Jun. 2024)

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What is ARB Total Assets?

ARB's Total Assets for the quarter that ended in Jun. 2024 was A$792.3 Mil.

Warning Sign:

If a company builds assets at 13.9% a year, faster than its revenue growth rate of 9.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ARB's average Total Assets Growth Rate was 8.20% per year. During the past 3 years, the average Total Assets Growth Rate was 8.70% per year. During the past 5 years, the average Total Assets Growth Rate was 13.90% per year. During the past 10 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 13 years, ARB's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was -9.90%. And the median was 13.40%.

Total Assets is connected with ROA %. ARB's annualized ROA % for the quarter that ended in Jun. 2024 was 13.24%. Total Assets is also linked to Revenue through Asset Turnover. ARB's Asset Turnover for the quarter that ended in Jun. 2024 was 0.45.

ARB Total Assets Historical Data

The historical data trend for ARB'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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ARB Total Assets Chart

ARB Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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486.52

658.26

704.21

724.79

792.27

ARB Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															704.21	711.05	724.79	760.96	792.27

ARB 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.

ARB's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	659.416	+	132.853
	=	792.3

ARB's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	659.416	+	132.853
	=	792.3

ARB (ASX:ARB) Total Assets Explanation

Total Assets is connected with ROA %.

ARB's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	102.832	/	( (760.956	+	792.269)	/ 2 )
	=	102.832	/	776.6125
	=	13.24 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

ARB's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	351.609	/	( (760.956	+	792.269)	/ 2 )
=	351.609	/	776.6125
=	0.45

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.

ARB Total Assets Related Terms

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ARB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ARB Corp Ltd (ASX:ARB) » Definitions » Total Assets

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Address

42-44 Garden Street, Kilsyth, Melbourne, VIC, AUS, 3137

Website

https://www.arb.com.au

ARB Corporation designs, manufactures, and distributes four-wheel-drive and light commercial vehicle accessories. The firm has carved a niche with aftermarket accessories including bull bars, suspension systems, differentials, and lighting. ARB operates manufacturing plants in Australia and Thailand; sales and distribution centres across several countries. The Australian division, which generates the vast majority of group earnings, distributes through the ARB store network, ARB stockists, new vehicle dealers, and fleet operators.