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Rivian Automotive (MEX:RIVN) Total Assets : MXN321,386 Mil (As of Dec. 2024)


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What is Rivian Automotive Total Assets?

Rivian Automotive's Total Assets for the quarter that ended in Dec. 2024 was MXN321,386 Mil.

During the past 12 months, Rivian Automotive's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 22.80% per year. During the past 5 years, the average Total Assets Growth Rate was 77.90% per year.

During the past 6 years, Rivian Automotive's highest 3-Year average Total Assets Growth Rate was 157.60%. The lowest was 22.80%. And the median was 65.90%.

Total Assets is connected with ROA %. Rivian Automotive's annualized ROA % for the quarter that ended in Dec. 2024 was -20.59%. Total Assets is also linked to Revenue through Asset Turnover. Rivian Automotive's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.


Rivian Automotive Total Assets Historical Data

The historical data trend for Rivian Automotive'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.

Rivian Automotive Total Assets Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 91,542.98 457,339.12 348,510.50 284,793.93 321,386.34

Rivian Automotive Quarterly Data
Dec19 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 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 284,793.93 261,125.48 281,286.86 280,823.06 321,386.34

Rivian Automotive 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.

Rivian Automotive's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=136855.103+184531.233
=321,386

Rivian Automotive'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 )
=136855.103+184531.233
=321,386

* 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.


Rivian Automotive  (MEX:RIVN) Total Assets Explanation

Total Assets is connected with ROA %.

Rivian Automotive'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 )
=-61983.14/( (280823.059+321386.337)/ 2 )
=-61983.14/301104.698
=-20.59 %

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.

Rivian Automotive'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 )
=36163.784/( (280823.059+321386.337)/ 2 )
=36163.784/301104.698
=0.12

* 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.

Rivian Automotive Total Assets Related Terms

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Rivian Automotive Business Description

Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc is an automotive manufacturer that develops and builds electric vehicles ("EVs") as well as software and services. It launches its consumer vehicle business with the R1 platform consisting of two vehicles: the R1T, and the R1S. The company has two reportable segments: Automotive, which derives the majority of revenue, and Software and Services segment. The Automotive reportable segment derives its revenues and cost of revenues from the production and sale of new EVs and the sale of regulatory credits generated by the production and sale of EVs. The Software and services reportable segment derives its revenues and cost of revenues primarily from remarketing, vehicle repair and maintenance services, and vehicle electrical architecture and software development services.