Monarch Cement Co (Monarch Cement Co) Total Assets : $355.61 Mil (As of Sep. 2023)

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What is Monarch Cement Co Total Assets?

Monarch Cement Co's Total Assets for the quarter that ended in Sep. 2023 was $355.61 Mil.

During the past 12 months, Monarch Cement Co's average Total Assets Growth Rate was 70.80% per year. During the past 3 years, the average Total Assets Growth Rate was 3.00% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 13 years, Monarch Cement Co's highest 3-Year average Total Assets Growth Rate was 26.60%. The lowest was -0.90%. And the median was 3.00%.

Total Assets is connected with ROA %. Monarch Cement Co's annualized ROA % for the quarter that ended in Sep. 2023 was 16.93%. Total Assets is also linked to Revenue through Asset Turnover. Monarch Cement Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.20.

Monarch Cement Co Total Assets Historical Data

The historical data trend for Monarch Cement Co'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.

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Monarch Cement Co Total Assets Chart

Monarch Cement Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Assets

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174.11

179.87

182.01

190.86

204.28

Monarch Cement Co Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep22	Sep23
Total Assets	Get a 7-Day Free Trial															204.28	201.13	206.40	-	355.61

Monarch Cement Co 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.

Monarch Cement Co's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets	=	Total Equity (A: Dec. 2017 )	+	Total Liabilities (A: Dec. 2017 )
	=	171.905	+	32.376
	=	204.28

Monarch Cement Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	317.837	+	37.773
	=	355.61

Monarch Cement Co (OTCPK:MCEM) Total Assets Explanation

Total Assets is connected with ROA %.

Monarch Cement Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	60.188	/	( (0	+	355.61)	/ 1 )
	=	60.188	/	355.61
	=	16.93 %

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.

Monarch Cement Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	72.699	/	( (0	+	355.61)	/ 1 )
=	72.699	/	355.61
=	0.20

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.

Monarch Cement Co Total Assets Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Monarch Cement Co (OTCPK:MCEM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900

Website

https://www.monarchcement.com

Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

From GuruFocus

Monarch Cement: No Moat

By Mark Lin Mark Lin • 12-05-2012