Discover Financial Services Total Assets
Discover Financial Services total assets. Based on the latest financial reports, Discover Financial Services (DFS) holds total assets worth $147.91 Billion USD as of March 2025. 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. Also see Discover Financial Services (DFS) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Discover Financial Services (2003–2024)
Total assets of Discover Financial Services from 2003 to 2024. This chart illustrates how Discover Financial Services's total assets have evolved over time, based on quarterly financial data. See DFS live share price for real-time trading data and today's change.
Discover Financial Services - Asset Composition Analysis
Discover Financial Services Total Assets Breakdown (December 2024)
Discover Financial Services total assets breakdown as of December 2024. Discover Financial Services's total assets of $147.91 Billion consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.7% |
| Accounts Receivable | $112.80 Billion | 76.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $255.00 Million | 0.2% |
Asset Composition Trend (2003–2024)
This chart illustrates how Discover Financial Services'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. Explore DFS working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Discover Financial Services's current assets represent 11.0% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 76.4% of total assets.
Discover Financial Services Competitors by Total Assets
Key competitors of Discover Financial Services based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Muthoot Finance Limited
NSE:MUTHOOTFIN
|
India | Rs2.09 Trillion |
|
Indian Railway Finance Corporation Limited
NSE:IRFC
|
India | Rs4.98 Trillion |
|
Hoist Finance AB
ST:HOFI
|
Sweden | Skr59.43 Billion |
|
Beijing Cuiwei Tower Co Ltd
SHG:603123
|
China | CN¥6.14 Billion |
|
FinVolution Group
F:PP3
|
Germany | €25.41 Billion |
|
Solvar Ltd
AU:SVR
|
Australia | AU$965.83 Million |
|
Michlol Finance Ltd
TA:MCLL
|
Israel | ILA2.13 Billion |
|
Axactor SE
OL:ACR
|
Norway | Nkr1.28 Billion |
Discover Financial Services - 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 | 0.18 | 0.14 | 0.25 |
| Quick Ratio | 0.18 | 1.46 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-88.84 Billion | $-94.45 Billion | $-60.95 Billion |
Discover Financial Services - Advanced Valuation Insights
This section examines the relationship between Discover Financial Services'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 | 2.81 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | $147.64 Billion |
| Market Capitalization | $50.34 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Discover Financial Services's assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Discover Financial Services's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Discover Financial Services (2003–2024)
The table below shows the annual total assets of Discover Financial Services from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $147.64 Billion | -2.56% |
| 2023-12-31 | $151.52 Billion | +15.11% |
| 2022-12-31 | $131.63 Billion | +19.40% |
| 2021-12-31 | $110.24 Billion | -2.34% |
| 2020-12-31 | $112.89 Billion | -0.97% |
| 2019-12-31 | $114.00 Billion | +4.06% |
| 2018-12-31 | $109.55 Billion | +9.46% |
| 2017-12-31 | $100.09 Billion | +8.43% |
| 2016-12-31 | $92.31 Billion | +6.18% |
| 2015-12-31 | $86.94 Billion | +4.58% |
| 2014-12-31 | $83.13 Billion | +4.77% |
| 2013-12-31 | $79.34 Billion | +7.96% |
| 2012-12-31 | $73.49 Billion | +6.33% |
| 2011-12-31 | $69.12 Billion | +13.71% |
| 2010-12-31 | $60.78 Billion | +32.08% |
| 2009-12-31 | $46.02 Billion | +15.36% |
| 2008-12-31 | $39.89 Billion | +6.73% |
| 2007-12-31 | $37.38 Billion | +28.58% |
| 2006-12-31 | $29.07 Billion | +7.88% |
| 2005-12-31 | $26.94 Billion | +12.11% |
| 2003-12-31 | $24.03 Billion | -- |
About Discover Financial Services
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and deposit products; and direct-to-consumer deposit products comprising savi… Read more