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Primo Water's Total Assets for the quarter that ended in Mar. 2024 was $3,500 Mil.
During the past 12 months, Primo Water's average Total Assets Growth Rate was -16.40% per year. During the past 3 years, the average Total Assets Growth Rate was -3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 13 years, Primo Water's highest 3-Year average Total Assets Growth Rate was 85.70%. The lowest was -11.90%. And the median was 8.70%.
Total Assets is connected with ROA %. Primo Water's annualized ROA % for the quarter that ended in Mar. 2024 was 2.85%. Total Assets is also linked to Revenue through Asset Turnover. Primo Water's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.
The historical data trend for Primo Water'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.
Primo Water Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 3,390.90 | 3,604.70 | 3,723.40 | 3,667.00 | 3,523.00 |
Primo Water 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 | 3,646.60 | 3,659.10 | 3,594.00 | 3,523.00 | 3,499.70 |
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.
Primo Water'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 ) |
= | 1441.3 | + | 2081.7 | |
= | 3,523 |
Primo Water'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 ) |
= | 1443.7 | + | 2056 | |
= | 3,500 |
* 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.
Primo Water (NYSE:PRMW) Total Assets Explanation
Total Assets is connected with ROA %.
Primo Water'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 ) |
= | 100 | / | ( (3523 | + | 3499.7) | / 2 ) | |
= | 100 | / | 3511.35 | ||||
= | 2.85 % |
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.
Primo Water'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 ) |
= | 452 | / | ( (3523 | + | 3499.7) | / 2 ) |
= | 452 | / | 3511.35 | |||
= | 0.13 |
* 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.
Thank you for viewing the detailed overview of Primo Water's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Mercedes Romero | officer: Chief Procurement Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Britta Bomhard | director | 500 CHARLES EWING BLVD, EWING NJ 08628 |
Derek R. Lewis | director | 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853 |
Lori Tauber Marcus | director | C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094 |
Archana Singh | director | 111 RIVER STREET, HOBOKEN NJ 08559 |
Steven P Stanbrook | director | 1525 HOWE ST, RACINE WI 53403 |
Billy D Prim | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101 |
Susan E. Cates | director | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Eric J Foss | director | |
Thomas Harrington | officer: Chief Executive Officer | 5519 IDLEWILD AVENUE, TAMPA FL 33634 |
William Alan Jamieson | officer: Global CIO | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
David W. Hass | officer: Chief Financial Officer | 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101 |
Jason R Ausher | officer: Chief Accounting Officer | 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801 |
Anne Melaragni | officer: Chief Human Resources Officer | 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607 |
Marni Morgan Poe | officer: Chief Legal Officer/Secretary | 5519 W. IDLEWILD AVENUE, TAMPA FL 33634 |
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