If a company builds assets at 4.1% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Commonwealth Bank of Australia's average Total Assets Growth Rate was 10.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.
During the past 13 years, Commonwealth Bank of Australia's highest 3-Year average Total Assets Growth Rate was 33.30%. The lowest was 1.10%. And the median was 7.30%.
* 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.
Commonwealth Bank of Australia 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.
* 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.
Commonwealth Bank of Australia (OTCPK:CMWAY) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) 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.
Commonwealth Bank of Australia's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Commonwealth Bank of Australia Total Assets Related Terms
Thank you for viewing the detailed overview of Commonwealth Bank of Australia's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.
Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CMWAY has been successfully added to your 