Parker Hannifin's Total Assets for the quarter that ended in Dec. 2024 was MXN589,621 Mil.
Warning Sign:
If a company builds assets at 15.7% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Parker Hannifin's average Total Assets Growth Rate was -4.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 13 years, Parker Hannifin's highest 3-Year average Total Assets Growth Rate was 21.80%. The lowest was -3.00%. And the median was 9.50%.
The historical data trend for Parker Hannifin'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.
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.
Parker Hannifin's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
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.
Parker Hannifin's Asset Turnover for the quarter that ended in Dec. 2024 is
* 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.
Parker Hannifin Total Assets Related Terms
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Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
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