Sprint (Sprint) Total Assets : $86,902 Mil (As of Dec. 2019)

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What is Sprint Total Assets?

Sprint's Total Assets for the quarter that ended in Dec. 2019 was $86,902 Mil.

Total Assets is connected with ROA %. Sprint's annualized ROA % for the quarter that ended in Dec. 2019 was -0.55%. Total Assets is also linked to Revenue through Asset Turnover. Sprint's Asset Turnover for the quarter that ended in Dec. 2019 was 0.09.

Sprint Total Assets Historical Data

The historical data trend for Sprint'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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Sprint Total Assets Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Total Assets

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82,841.00

78,975.00

85,123.00

85,459.00

84,601.00

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Total Assets	Get a 7-Day Free Trial															86,404.00	84,601.00	88,546.00	87,928.00	86,902.00

Sprint 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.

Sprint's Total Assets for the fiscal year that ended in Mar. 2019 is calculated as

Total Assets	=	Total Equity (A: Mar. 2019 )	+	Total Liabilities (A: Mar. 2019 )
	=	26127	+	58474
	=	84,601

Sprint's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2019 )	+	Total Liabilities (Q: Dec. 2019 )
	=	25755	+	61147
	=	86,902

Sprint (NYSE:S) Total Assets Explanation

Total Assets is connected with ROA %.

Sprint's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %	=	Net Income (Q: Dec. 2019 )	/	( (Total Assets (Q: Sep. 2019 )	+	Total Assets (Q: Dec. 2019 ))	/ count )
	=	-480	/	( (87928	+	86902)	/ 2 )
	=	-480	/	87415
	=	-0.55 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) 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.

Sprint's Asset Turnover for the quarter that ended in Dec. 2019 is

	Asset Turnover
=	Revenue (Q: Dec. 2019 )	/	( (Total Assets (Q: Sep. 2019 )	+	Total Assets (Q: Dec. 2019 ))	/ count )
=	8080	/	( (87928	+	86902)	/ 2 )
=	8080	/	87415
=	0.09

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.

Sprint Total Assets Related Terms

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Sprint (Sprint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Total Assets

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Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.