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Magnera's Total Assets for the quarter that ended in Dec. 2024 was $3,993 Mil.
During the past 12 months, Magnera's average Total Assets Growth Rate was 149.60% per year. During the past 3 years, the average Total Assets Growth Rate was 8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year.
During the past 13 years, Magnera's highest 3-Year average Total Assets Growth Rate was 35.10%. The lowest was -9.70%. And the median was 3.40%.
Total Assets is connected with ROA %. Magnera's annualized ROA % for the quarter that ended in Dec. 2024 was -8.70%. Total Assets is also linked to Revenue through Asset Turnover. Magnera's Asset Turnover for the quarter that ended in Dec. 2024 was 0.25.
The historical data trend for Magnera'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.
Magnera Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial |
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1,283.79 | 1,286.88 | 1,880.61 | 1,647.35 | 1,563.80 |
Magnera 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 |
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1,563.80 | 1,517.23 | 1,505.02 | 1,521.62 | 3,993.00 |
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.
Magnera'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 ) |
= | 256.854 | + | 1306.942 | |
= | 1,564 |
Magnera'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 ) |
= | 1106 | + | 2887 | |
= | 3,993 |
* 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.
Magnera (NYSE:MAGN) Total Assets Explanation
Total Assets is connected with ROA %.
Magnera'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 ) |
= | -240 | / | ( (1521.623 | + | 3993) | / 2 ) | |
= | -240 | / | 2757.3115 | ||||
= | -8.70 % |
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.
Magnera'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 ) |
= | 702 | / | ( (1521.623 | + | 3993) | / 2 ) |
= | 702 | / | 2757.3115 | |||
= | 0.25 |
* 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 Magnera's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Carlson Capital L P | 10 percent owner | 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201 |
Black Diamond Offshore Ltd. | 10 percent owner | CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205 |
Boris Illetschko | officer: SVP, Chief Operating Officer | GRAFENAUWEG, 8, ZUG V8 6300 |
Kevin Michael Fogarty | director | 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381 |
David C Elder | officer: Corp Controller | 96 S. GEORGE STREET, SUITE 400, YORK PA 17401 |
Wolfgang Laures | officer: SVP, Global Supply Chain | 96 S. GEORGE ST., SUITE 520, YORK PA 17401 |
Delaware Domiciled Single Investor Limited Partnership - 101 | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Black Diamond Arbitrage Offshore Ltd. | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Asgard Investment Corp. Ii | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Double Black Diamond Offshore Ltd | 10 percent owner | CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, CAMANA BAY E9 KY-1205 |
Clint Duane Carlson | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Darrel H. Hackett | director | 4350 CONGRESS STREET, SUITE 600, CHARLOTTE NC 28209 |
Thomas Fahnemann | director, officer: CEO | 5664 YARDARM CT., CAPE CORAL FL 33914 |
J Robert Hall | director | GLATFELTER, 96 SOUTH GEORGE ST STE 500, YORK PA 17401 |
Dante C Parrini | officer: Vice President | GLATFELTER, 96 SOUTH GEORGE ST, SUITE 520, YORK PA 17401 |
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