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E*TRADE Financial (LTS:0IEO) Total Assets : $70,371 Mil (As of Jun. 2020)


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What is E*TRADE Financial Total Assets?

E*TRADE Financial's Total Assets for the quarter that ended in Jun. 2020 was $70,371 Mil.

Total Assets is connected with ROA %. E*TRADE Financial's annualized ROA % for the quarter that ended in Jun. 2020 was 1.13%. Total Assets is also linked to Revenue through Asset Turnover. E*TRADE Financial's Asset Turnover for the quarter that ended in Jun. 2020 was 0.01.


E*TRADE Financial Total Assets Historical Data

The historical data trend for E*TRADE Financial'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.

E*TRADE Financial Total Assets Chart

E*TRADE Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45,427.00 48,999.00 63,365.00 65,003.00 61,416.00

E*TRADE Financial Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 61,590.00 61,707.00 61,416.00 67,856.00 70,371.00

E*TRADE Financial 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.

E*TRADE Financial's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=6543+54873
=61,416

E*TRADE Financial's Total Assets for the quarter that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (Q: Jun. 2020 )+Total Liabilities (Q: Jun. 2020 )
=6820+63551
=70,371

* 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.


E*TRADE Financial  (LTS:0IEO) Total Assets Explanation

Total Assets is connected with ROA %.

E*TRADE Financial's annualized ROA % for the quarter that ended in Jun. 2020 is

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=784/( (67856+70371)/ 2 )
=784/69113.5
=1.13 %

Note: The Net Income data used here is four times the quarterly (Jun. 2020) 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.

E*TRADE Financial's Asset Turnover for the quarter that ended in Jun. 2020 is

Asset Turnover
=Revenue (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=716/( (67856+70371)/ 2 )
=716/69113.5
=0.01

* 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.

E*TRADE Financial Total Assets Related Terms

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E*TRADE Financial (LTS:0IEO) Business Description

Traded in Other Exchanges
N/A
Address
671 North Glebe Road, Ballston Tower, Arlington, VA, USA, 22203
E-Trade is one of the largest direct-to-investor platforms in the United States and housed over $500 billion of invested assets and client cash at the end of 2019. The company generates interest income on noninvested cash on its platform, trading commissions, service charges including payment for order flow, and fees from stock plan administration. Almost all the company's revenue is generated within the U.S.

E*TRADE Financial (LTS:0IEO) Headlines

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