If a company builds assets at 19.2% a year, faster than its revenue growth rate of 17.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Ascom Leasing & Investments's average Total Assets Growth Rate was 9.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 19.20% per year.
During the past 8 years, Ascom Leasing & Investments's highest 3-Year average Total Assets Growth Rate was 58.80%. The lowest was 9.10%. And the median was 31.00%.
* 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.
Ascom Leasing & Investments 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.
Ascom Leasing & Investments (NSE:ASCOM) Total Assets Explanation
Note:
The Net Income data used here is one times the annual (Mar. 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.
Ascom Leasing & Investments's Asset Turnover for the quarter that ended in Mar. 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.
Ascom Leasing & Investments Total Assets Related Terms
Thank you for viewing the detailed overview of Ascom Leasing & Investments's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Ascom Leasing & Investments (NSE:ASCOM) Business Description
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:ASCOM has been successfully added to your