If a company builds assets at 46.1% a year, faster than its revenue growth rate of 34% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Menderes Tekstilnayi ve Ticaret AS's average Total Assets Growth Rate was 55.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 71.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 46.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 29.10% per year.
During the past 13 years, Menderes Tekstilnayi ve Ticaret AS's highest 3-Year average Total Assets Growth Rate was 71.40%. The lowest was 6.70%. And the median was 20.20%.
* 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.
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Menderes Tekstilnayi ve Ticaret AS Total Assets Chart
Menderes Tekstilnayi ve Ticaret AS 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.
Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Menderes Tekstilnayi ve Ticaret AS's Asset Turnover for the quarter that ended in Sep. 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.
Menderes Tekstilnayi ve Ticaret AS Total Assets Related Terms
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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Business Description
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.
Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Headlines
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