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GE HealthCare Technologies's Total Assets for the quarter that ended in Sep. 2024 was $33,855 Mil.
During the past 12 months, GE HealthCare Technologies's average Total Assets Growth Rate was 1.10% per year. During the past 3 years, the average Total Assets Growth Rate was 8.80% per year.
During the past 5 years, GE HealthCare Technologies's highest 3-Year average Total Assets Growth Rate was 8.80%. The lowest was 8.80%. And the median was 8.80%.
Total Assets is connected with ROA %. GE HealthCare Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was 5.73%. Total Assets is also linked to Revenue through Asset Turnover. GE HealthCare Technologies's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.
The historical data trend for GE HealthCare Technologies'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.
GE HealthCare Technologies Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Total Assets | - | 24,228.00 | 26,308.00 | 27,539.00 | 32,454.00 |
GE HealthCare Technologies Quarterly Data | |||||||||||||||
Dec19 | Dec20 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Assets | Get a 7-Day Free Trial | 32,382.00 | 32,454.00 | 32,208.00 | 31,852.00 | 33,855.00 |
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.
GE HealthCare Technologies'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 ) |
= | 7310 | + | 25144 | |
= | 32,454 |
GE HealthCare Technologies'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 ) |
= | 8512 | + | 25343 | |
= | 33,855 |
* 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.
GE HealthCare Technologies (NAS:GEHC) Total Assets Explanation
Total Assets is connected with ROA %.
GE HealthCare Technologies'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 ) |
= | 1884 | / | ( (31852 | + | 33855) | / 2 ) | |
= | 1884 | / | 32853.5 | ||||
= | 5.73 % |
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.
GE HealthCare Technologies'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 ) |
= | 4863 | / | ( (31852 | + | 33855) | / 2 ) |
= | 4863 | / | 32853.5 | |||
= | 0.15 |
* 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.
Thank you for viewing the detailed overview of GE HealthCare Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Roland Rott | officer: CEO, Ultrasound | 500 W. MONROE STREET, CHICAGO IL 60661 |
Kenneth R. Stacherski | officer: Ch. Supply Chain & Serv. Ofc. | 500 W MONROE, CHICAGO IL 60661 |
Thomas J. Westrick | officer: CEO, Patient Care Solutions | 500 W. MONROE STREET, CHICAGO IL 60661 |
Taha Kass-hout | officer: Chief Technology Officer | 500 W. MONROE STREET, CHICAGO IL 60661 |
Jan Makela | officer: CEO, Imaging | 500 W. MONROE STREET, CHICAGO IL 60661 |
Frank R Jimenez | officer: GC & Corporate Secretary | GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061 |
Kevin Michael O'neill | officer: CEO, PDx | 500 W. MONROE STREET, CHICAGO IL 60661 |
James Saccaro | officer: Chief Financial Officer | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
Culp H Lawrence Jr | director | GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111 |
William J Stromberg | director | 100 E. PRATT STREET, BALTIMORE MD 21202 |
Yang Watkin Phoebe L. | director | C/O DOXIMITY, INC., 500 THIRD STREET, SAN FRANCISCO CA 94107 |
Rodney F Hochman | director | 21919 30TH DR SE, BOTHELL WA 98021 |
Tomislav Mihaljevic | director | ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111 |
Lloyd Jr Howell | director | 8283 GREENSBORO DRIVE, MCLEAN VA 22102 |
Anne T Madden | director | C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202 |
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