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Brookfield Asset Management (Brookfield Asset Management) Total Assets : $3,205.0 Mil (As of Dec. 2023)


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What is Brookfield Asset Management Total Assets?

Brookfield Asset Management's Total Assets for the quarter that ended in Dec. 2023 was $3,205.0 Mil.

During the past 12 months, Brookfield Asset Management's average Total Assets Growth Rate was -0.10% per year.

Total Assets is connected with ROA %. Brookfield Asset Management's annualized ROA % for the quarter that ended in Dec. 2023 was 11.67%. Total Assets is also linked to Revenue through Asset Turnover. Brookfield Asset Management's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.


Brookfield Asset Management Total Assets Historical Data

The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Total Assets Chart

Brookfield Asset Management Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 25,643.00 3,161.00 3,205.00

Brookfield Asset Management Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3,161.00 3,302.00 3,168.00 3,170.00 3,205.00

Brookfield Asset Management 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.

Brookfield Asset Management'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 )
=2085+1120
=3,205.0

Brookfield Asset Management'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 )
=2085+1120
=3,205.0

* 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.


Brookfield Asset Management  (NYSE:BAM) Total Assets Explanation

Total Assets is connected with ROA %.

Brookfield Asset Management's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=372/( (3170+3205)/ 2 )
=372/3187.5
=11.67 %

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

Brookfield Asset Management's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=160/( (3170+3205)/ 2 )
=160/3187.5
=0.05

* 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.

Brookfield Asset Management Total Assets Related Terms

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Brookfield Asset Management (Brookfield Asset Management) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3
Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.

Brookfield Asset Management (Brookfield Asset Management) Headlines