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Amer Sports (Amer Sports) Total Assets : $8,175 Mil (As of Mar. 2024)


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What is Amer Sports Total Assets?

Amer Sports's Total Assets for the quarter that ended in Mar. 2024 was $8,175 Mil.

During the past 3 years, the average Total Assets Growth Rate was -1.40% per year.

During the past 4 years, Amer Sports's highest 3-Year average Total Assets Growth Rate was -1.40%. The lowest was -1.40%. And the median was -1.40%.

Total Assets is connected with ROA %. Amer Sports's annualized ROA % for the quarter that ended in Mar. 2024 was 0.25%. Total Assets is also linked to Revenue through Asset Turnover. Amer Sports's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Amer Sports Total Assets Historical Data

The historical data trend for Amer Sports'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.

Amer Sports Total Assets Chart

Amer Sports Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
8,622.50 7,950.10 7,895.10 8,373.80

Amer Sports Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7,914.20 8,147.00 8,373.80 8,174.50

Amer Sports 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.

Amer Sports'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 )
=-156.8+8530.6
=8,374

Amer Sports'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 )
=4025.8+4148.7
=8,175

* 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.

Amer Sports  (NYSE:AS) Total Assets Explanation

Total Assets is connected with ROA %.

Amer Sports'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 )
=20.4/( (8373.8+8174.5)/ 2 )
=20.4/8274.15
=0.25 %

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.

Amer Sports'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 )
=1182.9/( (8373.8+8174.5)/ 2 )
=1182.9/8274.15
=0.14

* 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.

Amer Sports Total Assets Related Terms

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Amer Sports (Amer Sports) Business Description

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Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

From GuruFocus

Amer Sports, Inc. Announces Launch of its Initial Public Offering

By Business Wire • 01-22-2024