Sprout Social's Total Assets for the quarter that ended in Mar. 2024 was $389.9 Mil.
Warning Sign:
If a company builds assets at 40.9% a year, faster than its revenue growth rate of 16.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sprout Social's average Total Assets Growth Rate was 123.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 58.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 40.90% per year.
During the past 7 years, Sprout Social's highest 3-Year average Total Assets Growth Rate was 58.60%. The lowest was 23.30%. And the median was 27.50%.
The historical data trend for Sprout Social'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.
Sprout Social's Total Assets for the fiscal year that ended in Dec. 2023 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.
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Sprout Social's Asset Turnover for the quarter that ended in Mar. 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.
Sprout Social Total Assets Related Terms
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Sprout Social (Sprout Social) Business Description
Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.
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