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Altra Industrial Motion's Total Assets for the quarter that ended in Dec. 2022 was $3,677 Mil.
During the past 12 months, Altra Industrial Motion's average Total Assets Growth Rate was -10.70% per year. During the past 3 years, the average Total Assets Growth Rate was -5.60% per year. During the past 5 years, the average Total Assets Growth Rate was 21.00% per year. During the past 10 years, the average Total Assets Growth Rate was 28.20% per year.
During the past 13 years, Altra Industrial Motion's highest 3-Year average Total Assets Growth Rate was 92.80%. The lowest was -6.60%. And the median was 7.90%.
Total Assets is connected with ROA %. Altra Industrial Motion's annualized ROA % for the quarter that ended in Dec. 2022 was 2.45%. Total Assets is also linked to Revenue through Asset Turnover. Altra Industrial Motion's Asset Turnover for the quarter that ended in Dec. 2022 was 0.13.
The historical data trend for Altra Industrial Motion'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.
Altra Industrial Motion Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 4,337.20 | 4,283.70 | 4,208.10 | 4,130.60 | 3,676.60 |
Altra Industrial Motion Quarterly Data | ||||||||||||||||||||
Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | |
Total Assets | Get a 7-Day Free Trial | 4,130.60 | 4,124.80 | 3,694.20 | 3,617.90 | 3,676.60 |
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.
Altra Industrial Motion's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
Total Assets | = | Total Equity (A: Dec. 2022 ) | + | Total Liabilities (A: Dec. 2022 ) |
= | 2002.4 | + | 1674.2 | |
= | 3,677 |
Altra Industrial Motion's Total Assets for the quarter that ended in Dec. 2022 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2022 ) | + | Total Liabilities (Q: Dec. 2022 ) |
= | 2002.4 | + | 1674.2 | |
= | 3,677 |
* 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.
Altra Industrial Motion (NAS:AIMC) Total Assets Explanation
Total Assets is connected with ROA %.
Altra Industrial Motion's annualized ROA % for the quarter that ended in Dec. 2022 is
ROA % | = | Net Income (Q: Dec. 2022 ) | / | ( (Total Assets (Q: Sep. 2022 ) | + | Total Assets (Q: Dec. 2022 )) | / count ) |
= | 89.2 | / | ( (3617.9 | + | 3676.6) | / 2 ) | |
= | 89.2 | / | 3647.25 | ||||
= | 2.45 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.
Altra Industrial Motion's Asset Turnover for the quarter that ended in Dec. 2022 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2022 ) | / | ( (Total Assets (Q: Sep. 2022 ) | + | Total Assets (Q: Dec. 2022 )) | / count ) |
= | 469.4 | / | ( (3617.9 | + | 3676.6) | / 2 ) |
= | 469.4 | / | 3647.25 | |||
= | 0.13 |
* 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.
Thank you for viewing the detailed overview of Altra Industrial Motion's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
La Vonda Williams | director | 201 MONTGOMERY STREET, #751, JERSEY CITY NJ 07302 |
Haughey Nicole Parent | director | UNITED TECHNOLOGIES CORPORATION, ONE FINANCIAL PLAZA, HARTFORD CT 06101 |
Margot Hoffman | director | 6368 CHAMPIONS DRIVE, WESTERVILLE OH 43082 |
Thomas W Swidarski | director | 5995 MAYFAIR RD, P O BOX 3077, NORTH CANTON OH 44720 |
Todd Patriacca | officer: EVP, CFO and Treasurer | C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184 |
Glenn E. Deegan | officer: Chief Legal and HR Officer | C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184 |
J Scott Hall | director | 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328 |
Christian Storch | officer: Chief Financial Officer | C/O ALTRA INDUSTRIAL MOTION, 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184 |
Woodward James H Jr | director | 7140 OFFICE CIRCLE, EVANSVILLE IN 47716 |
Craig Schuele | officer: VP Mktg&Bus Dev (see Remarks) | C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184 |
Carl R Christenson | officer: President and COO | C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184 |
Lyle G. Ganske | director | C/O ALTRA INDUSTRIAL MOTION, INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184 |
Larry Mcpherson | director | C/O MEDICAL STAFFING NETWORK HOLDINGS, 901 YAMATO ROAD, SUITE 110, BOCA RATON FL 33431 |
Lipscomb S Michael | director | SIFCO INDUSTRIES, INC., 970 EAST 64TH STREET, CLEVELAND OH 44103 |
Patrick K Murphy | director | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
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