GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dow Inc (NYSE:DOW) » Definitions » Total Assets

Dow (DOW) Total Assets : $58,817 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Dow Total Assets?

Dow's Total Assets for the quarter that ended in Mar. 2024 was $58,817 Mil.

During the past 12 months, Dow's average Total Assets Growth Rate was -1.60% per year. During the past 3 years, the average Total Assets Growth Rate was -0.80% per year. During the past 5 years, the average Total Assets Growth Rate was -5.40% per year.

During the past 8 years, Dow's highest 3-Year average Total Assets Growth Rate was -0.80%. The lowest was -9.50%. And the median was -4.70%.

Total Assets is connected with ROA %. Dow's annualized ROA % for the quarter that ended in Mar. 2024 was 3.53%. Total Assets is also linked to Revenue through Asset Turnover. Dow's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.


Dow Total Assets Historical Data

The historical data trend for Dow'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.

Dow Total Assets Chart

Dow Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 60,524.00 61,470.00 62,990.00 60,603.00 57,967.00

Dow Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 59,316.00 58,294.00 58,288.00 57,967.00 58,817.00

Dow 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.

Dow'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 )
=19108+38859
=57,967

Dow's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=18917+39900
=58,817

* 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.


Dow  (NYSE:DOW) Total Assets Explanation

Total Assets is connected with ROA %.

Dow's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2064/( (57967+58817)/ 2 )
=2064/58392
=3.53 %

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

Dow's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=10765/( (57967+58817)/ 2 )
=10765/58392
=0.18

* 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.

Dow Total Assets Related Terms

Thank you for viewing the detailed overview of Dow's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Dow (DOW) Business Description

Address
2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.
Executives
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jeffrey L. Tate officer: Chief Financial Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Lisa Bryant officer: Chief Human Resources Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Howard I Ungerleider officer: President and CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Jacqueline C. Hinman director 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
James R Fitterling officer: Chief Executive Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Moreno Mejia Luis Alberto director C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
John Maurice Sampson officer: Senior Vice President C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Holicki officer: Senior Vice President 2211 H.H. DOW WAY, MIDLAND MI 48674
Banister Gaurdie E. Jr. director 2211 H.H. DOW WAY, MIDLAND MI 48674
Diego Donoso officer: President, Pkg & Spec Plastics 2211 H.H. DOW WAY, MIDLAND MI 48674
Jack Broodo officer: President, Feedstocks & Energy 2211 H.H. DOW WAY, MIDLAND MI 48640
Jane Palmieri officer: President, Ind Interm & Infras 2211 H.H. DOW WAY, MIDLAND MI 48674

Dow (DOW) Headlines

From GuruFocus

Dow Inc at JPMorgan Industrials Conference Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Dow Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024