Fortune Brands Home & Security Inc.
Fortune Brands Innovations, Inc. provides home, security, and digital products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. It operates through three segments: Water, Outdoors, and Security. The Water segment manufactures, assembles, and sells faucets, accessories, hardware, kitchen sinks, and waste disposals, under… Read more
Fortune Brands Home & Security Inc. (0IRN) - Total Assets
Latest total assets as of December 2021: $7.94 Billion USD
Based on the latest financial reports, Fortune Brands Home & Security Inc. (0IRN) holds total assets worth $7.94 Billion USD as of December 2021.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Fortune Brands Home & Security Inc. - Total Assets Trend (2017–2021)
This chart illustrates how Fortune Brands Home & Security Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortune Brands Home & Security Inc. - Asset Composition Analysis
Current Asset Composition (December 2021)
Fortune Brands Home & Security Inc.'s total assets of $7.94 Billion consist of 34.6% current assets and 65.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.9% |
| Accounts Receivable | $580.40 Million | 7.3% |
| Inventory | $889.50 Million | 11.2% |
| Property, Plant & Equipment | $801.50 Million | 10.1% |
| Intangible Assets | $1.38 Billion | 17.4% |
| Goodwill | $2.47 Billion | 31.1% |
Asset Composition Trend (2017–2021)
This chart illustrates how Fortune Brands Home & Security Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortune Brands Home & Security Inc.'s current assets represent 34.6% of total assets in 2021, an increase from 29.1% in 2017.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2021, up from 5.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 48.0% of total assets, a decrease from 55.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 31.1% of total assets.
Fortune Brands Home & Security Inc. Competitors by Total Assets
Key competitors of Fortune Brands Home & Security Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Fortune Brands Home & Security Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Fortune Brands Home & Security Inc. generates 0.96x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Fortune Brands Home & Security Inc. generates $9.73 in net profit.
Fortune Brands Home & Security Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.80 | 1.47 | 1.88 |
| Quick Ratio | 1.02 | 0.74 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $957.60 Million | $ 959.70 Million | $ 1.00 Billion |
Fortune Brands Home & Security Inc. - Advanced Valuation Insights
This section examines the relationship between Fortune Brands Home & Security Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | $7.94 Billion |
| Market Capitalization | $4.93 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Fortune Brands Home & Security Inc.'s assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fortune Brands Home & Security Inc.'s assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fortune Brands Home & Security Inc. (2017–2021)
The table below shows the annual total assets of Fortune Brands Home & Security Inc. from 2017 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $7.94 Billion | +7.85% |
| 2020-12-31 | $7.36 Billion | +16.97% |
| 2019-12-31 | $6.29 Billion | +5.48% |
| 2018-12-31 | $5.96 Billion | +8.22% |
| 2017-12-31 | $5.51 Billion | -- |