The Timken Co (FRA:TKH) Total Assets : €6,097 Mil (As of Sep. 2024)

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What is The Timken Co Total Assets?

The Timken Co's Total Assets for the quarter that ended in Sep. 2024 was €6,097 Mil.

During the past 12 months, The Timken Co's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 9.10% per year. During the past 5 years, the average Total Assets Growth Rate was 6.70% per year. During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.

During the past 13 years, The Timken Co's highest 3-Year average Total Assets Growth Rate was 21.20%. The lowest was -13.90%. And the median was 4.30%.

Total Assets is connected with ROA %. The Timken Co's annualized ROA % for the quarter that ended in Sep. 2024 was 4.83%. Total Assets is also linked to Revenue through Asset Turnover. The Timken Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.17.

The Timken Co Total Assets Historical Data

The historical data trend for The Timken Co'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.

The Timken Co Total Assets Chart

The Timken Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,373.91

4,144.20

4,576.07

5,449.15

5,998.74

The Timken Co 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															5,851.28	5,998.74	6,020.48	6,109.01	6,097.43

The Timken Co 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.

The Timken Co'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 )
	=	2478.101	+	3520.638
	=	5,999

The Timken Co'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 )
	=	2784.721	+	3312.707
	=	6,097

The Timken Co (FRA:TKH) Total Assets Explanation

Total Assets is connected with ROA %.

The Timken Co'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 )
	=	294.808	/	( (6109.011	+	6097.427)	/ 2 )
	=	294.808	/	6103.219
	=	4.83 %

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.

The Timken Co'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 )
=	1015.247	/	( (6109.011	+	6097.427)	/ 2 )
=	1015.247	/	6103.219
=	0.17

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.

The Timken Co Total Assets Related Terms

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The Timken Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TKR:USA TKR:Mexico TKH:Germany

Address

4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450

Website

https://www.timken.com

The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.

The Timken Co Headlines

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