Capitec Bank Holdings's Total Assets for the quarter that ended in Feb. 2024 was R207,579 Mil.
Warning Sign:
If a company builds assets at 18.2% a year, faster than its revenue growth rate of 13.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Capitec Bank Holdings's average Total Assets Growth Rate was 13.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.40% per year.
During the past 13 years, Capitec Bank Holdings's highest 3-Year average Total Assets Growth Rate was 82.00%. The lowest was 9.70%. And the median was 28.45%.
Capitec Bank Holdings Total Assets Historical Data
The historical data trend for Capitec Bank Holdings's Total Assets can be seen below:
* 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.
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.
Capitec Bank Holdings's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as
* 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.
Capitec Bank Holdings (JSE:CPI) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Feb. 2024) 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.
Capitec Bank Holdings's Asset Turnover for the quarter that ended in Feb. 2024 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.
Capitec Bank Holdings Total Assets Related Terms
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Capitec Bank Holdings (JSE:CPI) Business Description
Capitec Bank Holdings Ltd is a retail bank with more than 850 branches in South Africa. Its services focus on three customer needs: saving, which provides customers the ability to receive and store funds; credit, which satisfies customer needs to access and borrow funds; and transacting, which allows for payments and movement of funds. It operates in three segments: -Retail bank, Business bank, and the Insurance business. Net interest income accounts for more than two-thirds of total company revenue. The company also generates revenue from fees on loans and transactions. Roughly a third of the company's loans are mortgages, and another third are other secured loans. Credit facilities and unsecured credit loans make up most of the remaining loans outstanding.
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