Glanbia (FRA:GL9) Total Assets : €3,759 Mil (As of Jun. 2024)

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What is Glanbia Total Assets?

Glanbia's Total Assets for the quarter that ended in Jun. 2024 was €3,759 Mil.

During the past 12 months, Glanbia's average Total Assets Growth Rate was 9.70% per year. During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.10% per year. During the past 10 years, the average Total Assets Growth Rate was 7.10% per year.

During the past 13 years, Glanbia's highest 3-Year average Total Assets Growth Rate was 42.70%. The lowest was -9.40%. And the median was 9.55%.

Total Assets is connected with ROA %. Glanbia's annualized ROA % for the quarter that ended in Jun. 2024 was 7.35%. Total Assets is also linked to Revenue through Asset Turnover. Glanbia's Asset Turnover for the quarter that ended in Jun. 2024 was 0.47.

Glanbia Total Assets Historical Data

The historical data trend for Glanbia'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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Glanbia Total Assets Chart

Glanbia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,375.77

3,057.96

3,636.29

3,886.64

3,483.78

Glanbia 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															3,786.96	3,886.64	3,404.30	3,483.78	3,758.64

Glanbia 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.

Glanbia'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 )
	=	1955.594	+	1528.18
	=	3,484

Glanbia'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 )
	=	1998.651	+	1759.991
	=	3,759

Glanbia (FRA:GL9) Total Assets Explanation

Total Assets is connected with ROA %.

Glanbia'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 )
	=	266.252	/	( (3483.775	+	3758.641)	/ 2 )
	=	266.252	/	3621.208
	=	7.35 %

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.

Glanbia'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 )
=	1686.692	/	( (3483.775	+	3758.641)	/ 2 )
=	1686.692	/	3621.208
=	0.47

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.

Glanbia Total Assets Related Terms

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Glanbia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Glanbia PLC (FRA:GL9) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GLAPY:USA GLAPF:USA GL9:Ireland GL9i:UK GLB:UK

Address

Ring Road, Glanbia House, Kilkenny, IRL, R95 E866

Website

https://www.glanbia.com

Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.

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