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Adobe (LIM:ADBE) Total Assets : $30,230 Mil (As of Nov. 2024)


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What is Adobe Total Assets?

Adobe's Total Assets for the quarter that ended in Nov. 2024 was $30,230 Mil.

During the past 12 months, Adobe's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.70% per year. During the past 10 years, the average Total Assets Growth Rate was 14.90% per year.

During the past 13 years, Adobe's highest 3-Year average Total Assets Growth Rate was 125.10%. The lowest was -11.30%. And the median was 15.10%.

Total Assets is connected with ROA %. Adobe's annualized ROA % for the quarter that ended in Nov. 2024 was 22.42%. Total Assets is also linked to Revenue through Asset Turnover. Adobe's Asset Turnover for the quarter that ended in Nov. 2024 was 0.19.

Adobe Total Assets Historical Data

The historical data trend for Adobe'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.

Adobe Total Assets Chart

Adobe Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,284.00 27,241.00 27,165.00 29,779.00 30,230.00

Adobe Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 29,779.00 28,751.00 30,007.00 29,830.00 30,230.00

Adobe 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.

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

Total Assets=Total Equity (A: Nov. 2024 )+Total Liabilities (A: Nov. 2024 )
=14105+16125
=30,230

Adobe's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=14105+16125
=30,230

* 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.

Adobe  (LIM:ADBE) Total Assets Explanation

Total Assets is connected with ROA %.

Adobe's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=6732/( (29830+30230)/ 2 )
=6732/30030
=22.42 %

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

Adobe's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=5606/( (29830+30230)/ 2 )
=5606/30030
=0.19

* 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.

Adobe Total Assets Related Terms

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Adobe Business Description

Industry
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PLTR PANW CRWD SNPS FTNT SQ NET ZS IOT GDDY MSFT ORCL XAMS:ADYEN CPAY MDB TOST AFRM XKAZ:KSPI CHKP NTNX
Traded in Other Exchanges
ADBE:USA ADBE:Mexico 1ADBE:Italy ADBd:UK 0R2Y:UK ADB0:Germany ADB:Germany ADB:Germany ADB:Germany ADB:Germany ADBECL:Chile ADBE:Canada ADBE34:Brazil ADB:Bulgaria ADBE:Austria ADBE:Argentina
Address
345 Park Avenue, San Jose, CA, USA, 95110-2704
Website
https://www.adobe.com
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).