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News (BSP:N1WS34) Total Assets : R$93,738 Mil (As of Sep. 2024)


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What is News Total Assets?

News's Total Assets for the quarter that ended in Sep. 2024 was R$93,738 Mil.

During the past 12 months, News's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 0.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.30% per year. During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 13 years, News's highest 3-Year average Total Assets Growth Rate was 5.80%. The lowest was -3.80%. And the median was 1.00%.

Total Assets is connected with ROA %. News's annualized ROA % for the quarter that ended in Sep. 2024 was 2.87%. Total Assets is also linked to Revenue through Asset Turnover. News's Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.

News Total Assets Historical Data

The historical data trend for News'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.

* Premium members only.

News Total Assets Chart

News Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73,991.77 84,332.97 86,926.44 82,129.46 89,861.69

News Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81,365.08 81,733.56 82,385.81 89,861.69 93,738.34

News 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.

News'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 )
=48534.147+41327.545
=89,862

News'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 )
=50759.475+42978.866
=93,738

* 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.

News  (BSP:N1WS34) Total Assets Explanation

Total Assets is connected with ROA %.

News'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 )
=2635.992/( (89861.692+93738.341)/ 2 )
=2635.992/91800.0165
=2.87 %

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.

News'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 )
=14270.911/( (89861.692+93738.341)/ 2 )
=14270.911/91800.0165
=0.16

* 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.

News Total Assets Related Terms

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News Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (BSP:N1WS34) » Definitions » Total Assets
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Traded in Other Exchanges
NWSA:USA NWS:USA 0K7V:UK 0K7U:UK NC0:Germany NWSLV:Australia NWS:Australia
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Website
https://www.newscorp.com
News Corporation is a diversified media conglomerate with significant presence in the us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.

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