Coles Group (ASX:COL) Total Assets : A$19,485 Mil (As of Dec. 2023)

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What is Coles Group Total Assets?

Coles Group's Total Assets for the quarter that ended in Dec. 2023 was A$19,485 Mil.

During the past 12 months, Coles Group's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 16.80% per year.

During the past 6 years, Coles Group's highest 3-Year average Total Assets Growth Rate was 27.30%. The lowest was 0.60%. And the median was 23.50%.

Total Assets is connected with ROA %. Coles Group's annualized ROA % for the quarter that ended in Dec. 2023 was 6.24%. Total Assets is also linked to Revenue through Asset Turnover. Coles Group's Asset Turnover for the quarter that ended in Dec. 2023 was 1.18.

Coles Group Total Assets Historical Data

The historical data trend for Coles Group'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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Coles Group Total Assets Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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9,777.00

18,349.00

18,123.00

18,836.00

18,292.00

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial						18,592.00	18,836.00	19,468.00	18,292.00	19,485.00

Coles Group 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.

Coles Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	3356	+	14936
	=	18,292

Coles Group'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 )
	=	3537	+	15948
	=	19,485

Coles Group (ASX:COL) Total Assets Explanation

Total Assets is connected with ROA %.

Coles Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1178	/	( (18292	+	19485)	/ 2 )
	=	1178	/	18888.5
	=	6.24 %

Note: The Net Income data used here is two times the semi-annual (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.

Coles Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	22274	/	( (18292	+	19485)	/ 2 )
=	22274	/	18888.5
=	1.18

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.

Coles Group Total Assets Related Terms

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Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.