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GFF (Griffon) Total Assets : $2,325 Mil (As of Dec. 2024)


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What is Griffon Total Assets?

Griffon's Total Assets for the quarter that ended in Dec. 2024 was $2,325 Mil.

During the past 12 months, Griffon's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was -1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 4.30% per year.

During the past 13 years, Griffon's highest 3-Year average Total Assets Growth Rate was 27.70%. The lowest was -3.20%. And the median was 6.40%.

Total Assets is connected with ROA %. Griffon's annualized ROA % for the quarter that ended in Dec. 2024 was 12.07%. Total Assets is also linked to Revenue through Asset Turnover. Griffon's Asset Turnover for the quarter that ended in Dec. 2024 was 0.27.


Griffon Total Assets Historical Data

The historical data trend for Griffon'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.

Griffon Total Assets Chart

Griffon Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,448.59 2,604.69 2,816.47 2,418.88 2,370.95

Griffon Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,393.31 2,423.73 2,378.86 2,370.95 2,325.15

Griffon 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.

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

Total Assets=Total Equity (A: Sep. 2024 )+Total Liabilities (A: Sep. 2024 )
=224.888+2146.066
=2,371

Griffon's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=227.776+2097.376
=2,325

* 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.


Griffon  (NYSE:GFF) Total Assets Explanation

Total Assets is connected with ROA %.

Griffon's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=283.404/( (2370.954+2325.152)/ 2 )
=283.404/2348.053
=12.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Griffon's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=632.371/( (2370.954+2325.152)/ 2 )
=632.371/2348.053
=0.27

* 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.

Griffon Total Assets Related Terms

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Griffon Business Description

Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products: is a provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and Home and Building Products conducts its operations through Clopay Corporation (Clopay). Clopay is the manufacturer and marketer of garage doors and rolling steel doors in North America. The company generates a majority of its revenue from the Home and Building Products segment. Operates in USA, Europe, Canada, Australia, and Others.
Executives
Samanta H Stewart director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Cheryl L Turnbull director POST OFFICE BOX 2200, KNOXVILLE TN 37933-2000
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
W. Christopher Durborow officer: VP, Controller and CAO C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019
Brian G Harris officer: SVP, Chief Financial Officer 100 JERICHO QUADRANGLE, SUITE 224, JERICHO NY 11753
Victor Eugene Renuart director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Robert F Mehmel officer: President and COO GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Ronald J Kramer director, officer: CEO 712 FIFTH AVENUE, NEW YORK NY 10019
Henry A Alpert director
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046