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ATS (ATS) Total Assets : $2,784 Mil (As of Sep. 2023)


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What is ATS Total Assets?

ATS's Total Assets for the quarter that ended in Sep. 2023 was $2,784 Mil.

Warning Sign:

If a company builds assets at 23.2% a year, faster than its revenue growth rate of 20% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ATS's average Total Assets Growth Rate was 15.80% per year. During the past 3 years, the average Total Assets Growth Rate was 24.80% per year. During the past 5 years, the average Total Assets Growth Rate was 23.20% per year. During the past 10 years, the average Total Assets Growth Rate was 17.10% per year.

During the past 13 years, ATS's highest 3-Year average Total Assets Growth Rate was 47.50%. The lowest was -12.00%. And the median was 11.40%.

Total Assets is connected with ROA %. ATS's annualized ROA % for the quarter that ended in Sep. 2023 was 5.48%. Total Assets is also linked to Revenue through Asset Turnover. ATS's Asset Turnover for the quarter that ended in Sep. 2023 was 0.20.


ATS Total Assets Historical Data

The historical data trend for ATS'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.

ATS Total Assets Chart

ATS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,502.85 1,751.73 2,424.48 2,589.92 3,020.69

ATS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 2,616.07 2,589.92 2,679.90 2,783.94 3,020.69

ATS 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.

ATS'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 )
=1244.051+1776.634
=3,021

ATS's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=1159.845+1624.094
=2,784

* 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.


ATS  (NYSE:ATS) Total Assets Explanation

Total Assets is connected with ROA %.

ATS's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=149.776/( (2679.898+2783.938)/ 2 )
=149.776/2731.918
=5.48 %

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

ATS's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=543.726/( (2679.898+2783.938)/ 2 )
=543.726/2731.918
=0.20

* 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.

ATS Total Assets Related Terms

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ATS (ATS) Business Description

Traded in Other Exchanges
Address
730 Fountain Street North, Building 2, Cambridge, ON, CAN, N3H 4R7
ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.

ATS (ATS) Headlines

From GuruFocus

ATS Reports First Quarter Fiscal 2024 Results

By PRNewswire 08-09-2023

ATS Announces Normal Course Issuer Bid

By Business Wire 12-13-2023

ATS Announces Initial Public Offering in the United States

By PRNewswire PRNewswire 05-23-2023

ATS Acquires AI Process Optimizer Yazzoom

By PRNewswire 07-05-2023

ATS Hosts 2023 Institutional Investor Day

By PRNewswire 09-06-2023

ATS Selects Galvanize's Highbond to Automate GRC Program

By Business Wire Business Wire 09-29-2021