Avangrid Total Assets from 2010 to 2024

AGR Stock

USD 36.15 0.07 0.19%

Avangrid Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 46.2 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

1994-03-31

Previous Quarter

45.7 B

Current Value

46.7 B

Quarterly Volatility

15.6 B

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Avangrid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avangrid's main balance sheet or income statement drivers, such as Interest Expense of 429.4 M, Total Revenue of 8.7 B or Gross Profit of 2.9 B, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0479 or PTB Ratio of 0.61. Avangrid financial statements analysis is a perfect complement when working with Avangrid Valuation or Volatility modules.

Check out the analysis of Avangrid Correlation against competitors.

To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.

Latest Avangrid's Total Assets Growth Pattern

Below is the plot of the Total Assets of Avangrid over the last few years. Total assets refers to the total amount of Avangrid assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Avangrid books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Avangrid's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avangrid's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 43.99 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Avangrid Total Assets Regression Statistics

	Arithmetic Mean	26,064,620,800
	Geometric Mean	17,737,050,740
	Coefficient Of Variation	63.31
	Mean Deviation	14,438,298,933
	Median	31,671,000,000
	Standard Deviation	16,500,679,106
	Sample Variance	272272410.9T
	Range	44.1B
	R-Value	0.94
	Mean Square Error	35339277.1T
	R-Squared	0.88
	Slope	3,460,183,289
	Total Sum of Squares	3811813753.3T

Avangrid Total Assets History

	2024	46.2 B
	2023	44 B
	2022	41.1 B
	2021	39.5 B
	2020	37.8 B
	2019	34.4 B
	2018	32.2 B

Other Fundumenentals of Avangrid

Intangibles To Total Assets

Avangrid Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Treasury Stock	Cash And Equivalents	Accumulated Depreciation	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.91	1.0	0.98	0.98	1.0	0.95	0.78	-0.86	0.52	0.93	0.19	-0.88	0.71	0.92	0.01	0.77	0.77	0.56	0.76	0.58	0.88	0.3	0.44	0.72	-0.08	0.43
Total Stockholder Equity	0.99		0.87	0.99	0.97	0.97	0.98	0.93	0.75	-0.88	0.48	0.94	0.15	-0.86	0.69	0.89	0.06	0.72	0.74	0.53	0.73	0.57	0.87	0.27	0.4	0.68	-0.09	0.4
Net Debt	0.91	0.87		0.9	0.94	0.91	0.93	0.89	0.88	-0.69	0.75	0.74	0.19	-0.86	0.78	0.93	-0.3	0.86	0.88	0.68	0.87	0.68	0.79	0.28	0.65	0.88	-0.19	0.63
Retained Earnings	1.0	0.99	0.9		0.97	0.97	0.99	0.92	0.78	-0.88	0.5	0.94	0.21	-0.87	0.68	0.9	0.06	0.76	0.78	0.54	0.73	0.55	0.89	0.25	0.43	0.69	-0.12	0.42
Accounts Payable	0.98	0.97	0.94	0.97		0.99	0.98	0.93	0.8	-0.81	0.58	0.87	0.14	-0.89	0.78	0.94	-0.12	0.77	0.8	0.67	0.83	0.66	0.9	0.28	0.47	0.8	-0.13	0.46
Net Receivables	0.98	0.97	0.91	0.97	0.99		0.97	0.93	0.79	-0.79	0.58	0.88	0.1	-0.85	0.75	0.91	-0.05	0.7	0.79	0.59	0.78	0.65	0.85	0.2	0.48	0.76	-0.17	0.47
Total Liab	1.0	0.98	0.93	0.99	0.98	0.97		0.95	0.79	-0.85	0.53	0.92	0.24	-0.89	0.7	0.92	0.0	0.81	0.79	0.58	0.77	0.56	0.89	0.32	0.45	0.73	-0.06	0.44
Total Current Assets	0.95	0.93	0.89	0.92	0.93	0.93	0.95		0.65	-0.76	0.51	0.85	0.12	-0.83	0.78	0.91	-0.06	0.79	0.65	0.55	0.8	0.62	0.8	0.52	0.41	0.79	0.16	0.4
Short Term Debt	0.78	0.75	0.88	0.78	0.8	0.79	0.79	0.65		-0.63	0.83	0.61	0.12	-0.76	0.6	0.77	-0.35	0.69	0.99	0.62	0.7	0.62	0.71	-0.1	0.77	0.72	-0.55	0.76
Common Stock	-0.86	-0.88	-0.69	-0.88	-0.81	-0.79	-0.85	-0.76	-0.63		-0.25	-0.9	-0.25	0.74	-0.5	-0.75	-0.24	-0.62	-0.6	-0.39	-0.55	-0.36	-0.79	-0.25	-0.24	-0.47	0.02	-0.24
Current Deferred Revenue	0.52	0.48	0.75	0.5	0.58	0.58	0.53	0.51	0.83	-0.25		0.25	-0.25	-0.45	0.63	0.58	-0.57	0.52	0.83	0.5	0.62	0.73	0.37	-0.11	0.93	0.78	-0.52	0.91
Good Will	0.93	0.94	0.74	0.94	0.87	0.88	0.92	0.85	0.61	-0.9	0.25		0.29	-0.8	0.58	0.83	0.28	0.69	0.61	0.45	0.63	0.43	0.85	0.27	0.27	0.52	0.0	0.28
Short Term Investments	0.19	0.15	0.19	0.21	0.14	0.1	0.24	0.12	0.12	-0.25	-0.25	0.29		-0.36	-0.13	0.19	0.13	0.39	0.13	0.17	0.13	-0.33	0.33	0.29	-0.22	-0.07	0.19	-0.22
Intangible Assets	-0.88	-0.86	-0.86	-0.87	-0.89	-0.85	-0.89	-0.83	-0.76	0.74	-0.45	-0.8	-0.36		-0.72	-0.91	0.27	-0.77	-0.77	-0.77	-0.84	-0.58	-0.9	-0.37	-0.37	-0.73	0.02	-0.37
Net Tangible Assets	0.71	0.69	0.78	0.68	0.78	0.75	0.7	0.78	0.6	-0.5	0.63	0.58	-0.13	-0.72		0.9	-0.47	0.71	0.6	0.76	0.95	0.95	0.6	0.38	0.62	0.95	-0.01	0.63
Long Term Debt	0.92	0.89	0.93	0.9	0.94	0.91	0.92	0.91	0.77	-0.75	0.58	0.83	0.19	-0.91	0.9		-0.26	0.88	0.77	0.75	0.95	0.78	0.83	0.39	0.56	0.89	-0.05	0.56
Deferred Long Term Liab	0.01	0.06	-0.3	0.06	-0.12	-0.05	0.0	-0.06	-0.35	-0.24	-0.57	0.28	0.13	0.27	-0.47	-0.26		-0.23	-0.37	-0.62	-0.51	-0.56	-0.09	-0.12	-0.48	-0.58	0.16	-0.47
Long Term Investments	0.77	0.72	0.86	0.76	0.77	0.7	0.81	0.79	0.69	-0.62	0.52	0.69	0.39	-0.77	0.71	0.88	-0.23		0.69	0.64	0.85	0.57	0.7	0.52	0.54	0.77	0.04	0.54
Short Long Term Debt	0.77	0.74	0.88	0.78	0.8	0.79	0.79	0.65	0.99	-0.6	0.83	0.61	0.13	-0.77	0.6	0.77	-0.37	0.69		0.66	0.71	0.62	0.74	-0.1	0.77	0.72	-0.54	0.75
Property Plant Equipment	0.56	0.53	0.68	0.54	0.67	0.59	0.58	0.55	0.62	-0.39	0.5	0.45	0.17	-0.77	0.76	0.75	-0.62	0.64	0.66		0.82	0.69	0.77	0.3	0.47	0.76	-0.06	0.48
Long Term Debt Total	0.76	0.73	0.87	0.73	0.83	0.78	0.77	0.8	0.7	-0.55	0.62	0.63	0.13	-0.84	0.95	0.95	-0.51	0.85	0.71	0.82		0.85	0.7	0.42	0.6	0.96	-0.04	0.6
Capital Surpluse	0.58	0.57	0.68	0.55	0.66	0.65	0.56	0.62	0.62	-0.36	0.73	0.43	-0.33	-0.58	0.95	0.78	-0.56	0.57	0.62	0.69	0.85		0.45	0.16	0.74	0.91	-0.23	0.74
Treasury Stock	0.88	0.87	0.79	0.89	0.9	0.85	0.89	0.8	0.71	-0.79	0.37	0.85	0.33	-0.9	0.6	0.83	-0.09	0.7	0.74	0.77	0.7	0.45		0.31	0.3	0.6	-0.02	0.3
Cash And Equivalents	0.3	0.27	0.28	0.25	0.28	0.2	0.32	0.52	-0.1	-0.25	-0.11	0.27	0.29	-0.37	0.38	0.39	-0.12	0.52	-0.1	0.3	0.42	0.16	0.31		-0.15	0.35	0.85	-0.15
Accumulated Depreciation	0.44	0.4	0.65	0.43	0.47	0.48	0.45	0.41	0.77	-0.24	0.93	0.27	-0.22	-0.37	0.62	0.56	-0.48	0.54	0.77	0.47	0.6	0.74	0.3	-0.15		0.71	-0.53	1.0
Net Invested Capital	0.72	0.68	0.88	0.69	0.8	0.76	0.73	0.79	0.72	-0.47	0.78	0.52	-0.07	-0.73	0.95	0.89	-0.58	0.77	0.72	0.76	0.96	0.91	0.6	0.35	0.71		-0.11	0.71
Net Working Capital	-0.08	-0.09	-0.19	-0.12	-0.13	-0.17	-0.06	0.16	-0.55	0.02	-0.52	0.0	0.19	0.02	-0.01	-0.05	0.16	0.04	-0.54	-0.06	-0.04	-0.23	-0.02	0.85	-0.53	-0.11		-0.52
Capital Stock	0.43	0.4	0.63	0.42	0.46	0.47	0.44	0.4	0.76	-0.24	0.91	0.28	-0.22	-0.37	0.63	0.56	-0.47	0.54	0.75	0.48	0.6	0.74	0.3	-0.15	1.0	0.71	-0.52

Click cells to compare fundamentals

About Avangrid Financial Statements

Avangrid shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Avangrid investors may analyze each financial statement separately, they are all interrelated. The changes in Avangrid's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avangrid's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	44 B	46.2 B
Intangibles To Total Assets	0.08	0.05

Pair Trading with Avangrid

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avangrid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avangrid will appreciate offsetting losses from the drop in the long position's value.

Moving against Avangrid Stock

0.52	EBR	Centrais Electricas	Pair Corr
0.36	ES	Eversource Energy	Pair Corr

The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avangrid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avangrid to buy it.

The correlation of Avangrid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avangrid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Avangrid Stock Analysis

When running Avangrid's price analysis, check to measure Avangrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.

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