Wells Fargo & (WFC) Assets
Price: $64.71
Market Cap: $220.26B
Avg Volume: 17.19M
Market Cap: $220.26B
Avg Volume: 17.19M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
Wells Fargo & Asset Metrics Summary
According to Wells Fargo &'s latest annual financial reports, the company's asset profile is as follows:
Total Assets
Wells Fargo &'s total assets amount to $1.93T. This is divided into:
- Total Current Assets: $113.48B
- Total Non-current Assets: $43.83B
- Net Receivables: $53.72B
- Inventory: $-524.61B
- Cash and Short-term Investments: $113.48B
- Property, Plant, and Equipment (Net): $18.24B
- Long-term Investments: $480.20B
- Goodwill and Intangible Assets: $33.68B
Asset Ratios and Metrics
To better understand Wells Fargo &'s asset management, we can look at several key ratios:
- Return on Assets (ROA): 0.99% - this indicates how profitable a company is relative to its total assets.
- Asset Turnover: 0.04 - this shows how efficiently a company uses its assets to generate sales.
- Current Ratio: 1.59 - this measures a company's ability to pay short-term obligations with its current assets.
- Quick Ratio: 8.96 - this indicates a company's ability to meet short-term obligations with its most liquid assets.
- Cash Ratio: 3.33 - this measures a company's ability to pay off short-term liabilities with its cash and cash equivalents.
These metrics provide insight into Wells Fargo &'s asset efficiency and liquidity. For a comprehensive understanding of the company's financial health, it's important to consider these asset metrics alongside other financial indicators and industry benchmarks.
Total Assets
$1.93T
Total Current Assets
$113.48B
Total Non-current Assets
$43.83B
Net Receivables
$53.72B
Inventory
$-524.61B
Cash and Short-term Investments
$113.48B
Property, Plant, and Equipment (Net)
$18.24B
Long-term Investments
$480.20B
Goodwill and Intangible Assets
$33.68B
Return on Assets
0.99%
Asset Turnover
0.04
Current Ratio
1.59
Wells Fargo & Historical Asset Metrics
Historical Return on Assets
Historical Total Assets Growth
Wells Fargo & Historical Assets
The table below shows various asset metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Total Assets | Total Current Assets | Total Non-current Assets | Net Receivables | Inventory | Cash and Short-term Investments | Property, Plant, Equipment (Net) | Long-term Investments | Goodwill and Intangible Assets | Return on Assets | Asset Turnover | Current Ratio | Quick Ratio | Cash Ratio |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | $1.93T | $113.48B | $43.83B | $53.72B | $-524.61B | $113.48B | $18.24B | $480.20B | $33.68B | 0.01 | 0.04 | 1.59 | 8.96 | 3.33 |
2022 | $1.88T | $287.66B | $605.23B | $14.91B | $-369.99B | $272.75B | $8.35B | $561.22B | $35.65B | 0.01 | 0.04 | 5.62 | 12.86 | 3.11 |
2021 | $1.95T | $426.33B | $652.36B | $14.86B | $-440.91B | $411.47B | $8.57B | $610.42B | $33.37B | 0.01 | 0.04 | 12.39 | 25.20 | 6.81 |
2020 | $1.96T | $501.09B | $606.19B | $16.09B | $-471.57B | $485.00B | $8.89B | $563.47B | $33.83B | 0.00 | 0.04 | 8.49 | 16.49 | 4.49 |
2019 | $1.93T | $424.54B | $614.01B | $19.83B | $-385.84B | $404.71B | $9.31B | $565.37B | $39.34B | 0.01 | 0.04 | 4.06 | 7.75 | 1.35 |
2018 | $1.90T | $238.41B | $600.85B | $19.70B | $-343.64B | $178.35B | $8.92B | $539.84B | $42.51B | 0.01 | 0.05 | 17.85 | 43.58 | 12.97 |
2017 | $1.95T | $90.56B | $598.89B | $64.20B | $-433.94B | $26.36B | $18.51B | $537.13B | $43.25B | 0.01 | 0.04 | 6.21 | 35.99 | 14.82 |
2016 | $1.93T | $46.44B | $531.74B | $19.29B | $-398.73B | $27.15B | $8.33B | $482.34B | $41.06B | 0.01 | 0.05 | 0.48 | 4.60 | 0.21 |
2015 | $1.79T | $298.84B | $472.71B | $12.37B | $- | $286.47B | $8.70B | $424.76B | $39.25B | 0.01 | 0.05 | 3.06 | 3.06 | 0.20 |
2014 | $1.69T | $289.32B | $439.61B | $12.31B | $- | $277.01B | $8.74B | $391.18B | $39.69B | 0.01 | 0.05 | 4.55 | 4.55 | 0.31 |