Techtronic Industries Co (Techtronic Industries Co) Total Assets : $12,402 Mil (As of Dec. 2023)

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What is Techtronic Industries Co Total Assets?

Techtronic Industries Co's Total Assets for the quarter that ended in Dec. 2023 was $12,402 Mil.

Warning Sign:

If a company builds assets at 19.3% a year, faster than its revenue growth rate of 16.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Techtronic Industries Co's average Total Assets Growth Rate was -3.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.70% per year. During the past 5 years, the average Total Assets Growth Rate was 19.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.10% per year.

During the past 13 years, Techtronic Industries Co's highest 3-Year average Total Assets Growth Rate was 61.50%. The lowest was -0.50%. And the median was 13.40%.

Total Assets is connected with ROA %. Techtronic Industries Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.75%. Total Assets is also linked to Revenue through Asset Turnover. Techtronic Industries Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.53.

Techtronic Industries Co Total Assets Historical Data

The historical data trend for Techtronic Industries Co'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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Techtronic Industries Co Total Assets Chart

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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7,698.05

9,390.40

13,007.55

13,315.60

12,401.98

Techtronic Industries Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															13,007.55	13,518.11	13,315.60	13,430.22	12,401.98

Techtronic Industries Co 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.

Techtronic Industries Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	5747.55	+	6654.433
	=	12,402

Techtronic Industries Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	5747.55	+	6654.433
	=	12,402

Techtronic Industries Co (OTCPK:TTNDY) Total Assets Explanation

Total Assets is connected with ROA %.

Techtronic Industries Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1001.122	/	( (13430.217	+	12401.983)	/ 2 )
	=	1001.122	/	12916.1
	=	7.75 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Techtronic Industries Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	6851.947	/	( (13430.217	+	12401.983)	/ 2 )
=	6851.947	/	12916.1
=	0.53

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.

Techtronic Industries Co Total Assets Related Terms

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Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDY) » Definitions » Total Assets

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Traded in Other Exchanges

TTNDF:USA 00669:Hong Kong TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.