National Instruments's Total Assets for the quarter that ended in Jun. 2023 was $2,363 Mil.
Warning Sign:
If a company builds assets at 15.5% a year, faster than its revenue growth rate of 4.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, National Instruments's average Total Assets Growth Rate was 8.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.10% per year.
During the past 13 years, National Instruments's highest 3-Year average Total Assets Growth Rate was 22.50%. The lowest was 0.60%. And the median was 10.80%.
The historical data trend for National Instruments'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.
National Instruments's Total Assets for the fiscal year that ended in Dec. 2022 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.
National Instruments (NAS:NATI) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 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.
National Instruments's Asset Turnover for the quarter that ended in Jun. 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.
National Instruments Total Assets Related Terms
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National Instruments (National Instruments) Business Description
National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.
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