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GXO Logistics (STU:93N) Total Assets : €8,630 Mil (As of Mar. 2024)


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What is GXO Logistics Total Assets?

GXO Logistics's Total Assets for the quarter that ended in Mar. 2024 was €8,630 Mil.

During the past 12 months, GXO Logistics's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 6 years, GXO Logistics's highest 3-Year average Total Assets Growth Rate was 13.60%. The lowest was 13.30%. And the median was 13.45%.

Total Assets is connected with ROA %. GXO Logistics's annualized ROA % for the quarter that ended in Mar. 2024 was -1.57%. Total Assets is also linked to Revenue through Asset Turnover. GXO Logistics's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

GXO Logistics Total Assets Historical Data

The historical data trend for GXO Logistics'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.

GXO Logistics Total Assets Chart

GXO Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 5,535.90 5,382.46 6,434.84 8,702.74 8,717.92

GXO Logistics Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,490.06 8,423.30 8,518.27 8,717.92 8,629.60

GXO Logistics 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.

GXO Logistics'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 )
=2701.482+6016.437
=8,718

GXO Logistics'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 )
=2670.76+5958.84
=8,630

* 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.

GXO Logistics  (STU:93N) Total Assets Explanation

Total Assets is connected with ROA %.

GXO Logistics'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 )
=-136.16/( (8717.919+8629.6)/ 2 )
=-136.16/8673.7595
=-1.57 %

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.

GXO Logistics'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 )
=2259.52/( (8717.919+8629.6)/ 2 )
=2259.52/8673.7595
=0.26

* 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.

GXO Logistics Total Assets Related Terms

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GXO Logistics (STU:93N) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GXO Logistics Inc (STU:93N) » Definitions » Total Assets
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Traded in Other Exchanges
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Address
Two American Lane, Greenwich, CT, USA, 06831
Website
https://www.gxo.com
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.

GXO Logistics (STU:93N) Headlines

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