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MTS Systems (MTS Systems) Total Assets : $1,168.2 Mil (As of Dec. 2020)


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What is MTS Systems Total Assets?

MTS Systems's Total Assets for the quarter that ended in Dec. 2020 was $1,168.2 Mil.

Warning Sign:

If a company builds asset at 15.2% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, MTS Systems's average Total Assets Growth Rate was -23.80% per year. During the past 3 years, the average Total Assets Growth Rate was -0.20% per year. During the past 5 years, the average Total Assets Growth Rate was 15.20% per year. During the past 10 years, the average Total Assets Growth Rate was 20.80% per year.

During the past 13 years, MTS Systems's highest 3-Year average Total Assets Growth Rate was 48.30%. The lowest was -22.00%. And the median was 8.50%.

Total Assets is connected with ROA %. MTS Systems's annualized ROA % for the quarter that ended in Dec. 2020 was 0.59%. Total Assets is also linked to Revenue through Asset Turnover. MTS Systems's Asset Turnover for the quarter that ended in Dec. 2020 was 0.17.


MTS Systems Total Assets Historical Data

The historical data trend for MTS Systems'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.

MTS Systems Total Assets Chart

MTS Systems Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,188.02 1,189.69 1,139.40 1,297.98 1,150.23

MTS Systems Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1,329.42 1,423.85 1,423.12 1,150.23 1,168.24

MTS Systems 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.

MTS Systems's Total Assets for the fiscal year that ended in Sep. 2020 is calculated as

Total Assets=Total Equity (A: Sep. 2020 )+Total Liabilities (A: Sep. 2020 )
=221.183+929.048
=1,150.2

MTS Systems's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=232.963+935.28
=1,168.2

* 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.


MTS Systems  (NAS:MTSC) Total Assets Explanation

Total Assets is connected with ROA %.

MTS Systems's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=6.86/( (1150.231+1168.243)/ 2 )
=6.86/1159.237
=0.59 %

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

MTS Systems's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=198.804/( (1150.231+1168.243)/ 2 )
=198.804/1159.237
=0.17

* 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.

MTS Systems Total Assets Related Terms

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MTS Systems (MTS Systems) Business Description

Traded in Other Exchanges
N/A
Address
14000 Technology Drive, Eden Prairie, MN, USA, 55344
MTS Systems Corp is a supplier of test systems and position sensors. Its operations are organized and managed in two business segments; the Test and Simulation segment and the Sensors segment. Test and Simulation segment (Test) provides testing solutions including hardware, software, and services which are used by customers in product development to characterize the product's mechanical properties. Sensors segment (Sensors) is an in sensing technologies and solutions used by design engineers and predictive maintenance professionals, serving customers with a focus on total customer satisfaction, and offering regional support to provide and reliable sensing solutions.
Executives
Randy J Martinez director, Interim CEO HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Todd Klemmensen officer: SVP, GC and Corp. Sec. 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344-2290
Steven B Harrison officer: EVP & Pres. Test & Simulation 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Brian T Ross officer: EVP & CFO 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Jeffrey A Graves director, officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
David Hore officer: EVP & Pres. Sensors 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
David J Anderson director 402 FARRINGTON DRIVE, LINCOLNSHIRE IL 60069
Linda Zukauckas director 200 VESEY STREET, NEW YORK NY 10285
Chun Hung Yu director 14000 TECHNOLOGY DR EDEN PRAIRIE MN 55344
David D Johnson director C/O MOLEX, INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Nancy A. Altobello director 520 MADISON AVENUE, NEW YORK NY 10022
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
William C Becker officer: SVP Test & Simulation Comm Ops 14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Gail P Steinel director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Maximiliane C Straub director 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344