VF (WBO:VFC) Total Assets : €11,010 Mil (As of Sep. 2024)

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What is VF Total Assets?

VF's Total Assets for the quarter that ended in Sep. 2024 was €11,010 Mil.

Warning Sign:

If a company builds assets at 3.9% a year, faster than its revenue growth rate of 2.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, VF's average Total Assets Growth Rate was -7.20% per year. During the past 3 years, the average Total Assets Growth Rate was -3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 3.90% per year. During the past 10 years, the average Total Assets Growth Rate was 4.00% per year.

During the past 13 years, VF's highest 3-Year average Total Assets Growth Rate was 28.30%. The lowest was -8.70%. And the median was 5.85%.

Total Assets is connected with ROA %. VF's annualized ROA % for the quarter that ended in Sep. 2024 was 1.73%. Total Assets is also linked to Revenue through Asset Turnover. VF's Asset Turnover for the quarter that ended in Sep. 2024 was 0.23.

VF Total Assets Historical Data

The historical data trend for VF'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.

VF Total Assets Chart

VF Annual Data

Trend

Dec15

Dec16

Dec17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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10,075.59

11,553.38

12,114.73

13,067.12

10,683.93

VF Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															12,314.38	11,569.31	10,683.93	10,721.93	11,009.89

VF 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.

VF's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	1525.696	+	9158.23
	=	10,684

VF's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1267.137	+	9742.757
	=	11,010

VF (WBO:VFC) Total Assets Explanation

Total Assets is connected with ROA %.

VF's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	188.048	/	( (10721.926	+	11009.894)	/ 2 )
	=	188.048	/	10865.91
	=	1.73 %

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

VF's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2484.911	/	( (10721.926	+	11009.894)	/ 2 )
=	2484.911	/	10865.91
=	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.

VF Total Assets Related Terms

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VF Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VF Corp (WBO:VFC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VFC:USA VFC:Mexico 1VFC:Italy 0R30:UK VFP:Germany VFP:Germany VFP:Germany VFP:Germany VFCO34:Brazil

Address

1551 Wewatta Street, Denver, CO, USA, 80202

Website

https://www.vfc.com

VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Altra, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and dispositions.