Sappi (JSE:SAP) Total Assets : R109,204 Mil (As of Mar. 2024)

View and export this data going back to 1937. Start your Free Trial

What is Sappi Total Assets?

Sappi's Total Assets for the quarter that ended in Mar. 2024 was R109,204 Mil.

During the past 12 months, Sappi's average Total Assets Growth Rate was 2.40% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Sappi's highest 3-Year average Total Assets Growth Rate was 14.10%. The lowest was -9.50%. And the median was 5.40%.

Total Assets is connected with ROA %. Sappi's annualized ROA % for the quarter that ended in Mar. 2024 was 1.99%. Total Assets is also linked to Revenue through Asset Turnover. Sappi's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

Sappi Total Assets Historical Data

The historical data trend for Sappi'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.

Sappi Total Assets Chart

Sappi Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

Get a 7-Day Free Trial

83,368.29

91,283.42

90,261.78

109,619.81

109,925.20

Sappi Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															109,648.30	106,864.11	109,925.20	110,063.95	109,204.15

Sappi 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.

Sappi's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	46371.137	+	63554.061
	=	109,925

Sappi's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	43708.048	+	65496.105
	=	109,204

Sappi (JSE:SAP) Total Assets Explanation

Total Assets is connected with ROA %.

Sappi's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	2186.344	/	( (110063.95	+	109204.153)	/ 2 )
	=	2186.344	/	109634.0515
	=	1.99 %

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

Sappi's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	25482.226	/	( (110063.95	+	109204.153)	/ 2 )
=	25482.226	/	109634.0515
=	0.23

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.

Sappi Total Assets Related Terms

Thank you for viewing the detailed overview of Sappi's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sappi (JSE:SAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sappi Ltd (JSE:SAP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SPPJY:USA SPI:Germany

Address

108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.sappi.com

Sappi Ltd produces and sells a variety of paper and paper-related products. The products and services include Dissolving pulp, Graphic papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. The company organizes itself into three primary segments based on geography: North America, Europe, and Southern Africa. More of the revenue comes from Europe than any other geography.