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Rocket Lab USA (STU:6RJ) Total Assets : €1,087.4 Mil (As of Mar. 2024)


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What is Rocket Lab USA Total Assets?

Rocket Lab USA's Total Assets for the quarter that ended in Mar. 2024 was €1,087.4 Mil.

During the past 12 months, Rocket Lab USA's average Total Assets Growth Rate was 16.40% per year. During the past 3 years, the average Total Assets Growth Rate was 72.80% per year.

During the past 4 years, Rocket Lab USA's highest 3-Year average Total Assets Growth Rate was 72.80%. The lowest was 72.80%. And the median was 72.80%.

Total Assets is connected with ROA %. Rocket Lab USA's annualized ROA % for the quarter that ended in Mar. 2024 was -16.70%. Total Assets is also linked to Revenue through Asset Turnover. Rocket Lab USA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Rocket Lab USA Total Assets Historical Data

The historical data trend for Rocket Lab USA'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.

Rocket Lab USA Total Assets Chart

Rocket Lab USA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
154.43 868.05 933.73 863.09

Rocket Lab USA Quarterly Data
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 925.51 905.92 890.61 863.09 1,087.37

Rocket Lab USA 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.

Rocket Lab USA'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 )
=508.517+354.574
=863.1

Rocket Lab USA'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 )
=440.63+646.74
=1,087.4

* 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.

Rocket Lab USA  (STU:6RJ) Total Assets Explanation

Total Assets is connected with ROA %.

Rocket Lab USA'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 )
=-162.876/( (863.09+1087.37)/ 2 )
=-162.876/975.23
=-16.70 %

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.

Rocket Lab USA'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 )
=85.346/( (863.09+1087.37)/ 2 )
=85.346/975.23
=0.09

* 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.

Rocket Lab USA Total Assets Related Terms

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Rocket Lab USA (STU:6RJ) Business Description

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RKLB:USA
Address
3881 McGowen Street, Long Beach, CA, USA, 90808
Website
https://www.rocketlabusa.com
Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

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