MarineMax (STU:MLW) Total Assets : €2,421 Mil (As of Mar. 2024)

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What is MarineMax Total Assets?

MarineMax's Total Assets for the quarter that ended in Mar. 2024 was €2,421 Mil.

Warning Sign:

If a company builds assets at 26% a year, faster than its revenue growth rate of 18.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MarineMax's average Total Assets Growth Rate was 13.90% per year. During the past 3 years, the average Total Assets Growth Rate was 53.00% per year. During the past 5 years, the average Total Assets Growth Rate was 26.00% per year. During the past 10 years, the average Total Assets Growth Rate was 15.60% per year.

During the past 13 years, MarineMax's highest 3-Year average Total Assets Growth Rate was 53.00%. The lowest was -26.20%. And the median was 10.80%.

Total Assets is connected with ROA %. MarineMax's annualized ROA % for the quarter that ended in Mar. 2024 was 0.25%. Total Assets is also linked to Revenue through Asset Turnover. MarineMax's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

MarineMax Total Assets Historical Data

The historical data trend for MarineMax'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.

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MarineMax Total Assets Chart

MarineMax Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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711.95

658.25

856.65

1,366.30

2,268.76

MarineMax Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															2,171.30	2,197.01	2,268.76	2,316.81	2,420.51

MarineMax 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.

MarineMax's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	860.557	+	1408.206
	=	2,269

MarineMax's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	865.221	+	1555.289
	=	2,421

MarineMax (STU:MLW) Total Assets Explanation

Total Assets is connected with ROA %.

MarineMax's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	5.84	/	( (2316.807	+	2420.51)	/ 2 )
	=	5.84	/	2368.6585
	=	0.25 %

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

MarineMax's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	536.261	/	( (2316.807	+	2420.51)	/ 2 )
=	536.261	/	2368.6585
=	0.23

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.

MarineMax Total Assets Related Terms

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MarineMax (STU:MLW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MarineMax Inc (STU:MLW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HZO:USA

Address

2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759

Website

https://www.marinemax.com

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

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