TSS's Total Assets for the quarter that ended in Mar. 2024 was $26.79 Mil.
Warning Sign:
If a company builds assets at 30.3% a year, faster than its revenue growth rate of 9.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, TSS's average Total Assets Growth Rate was -29.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 42.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 30.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 0.80% per year.
During the past 13 years, TSS's highest 3-Year average Total Assets Growth Rate was 148.70%. The lowest was -37.20%. And the median was -1.45%.
Total Assets is connected with ROA %. TSS's annualizedROA % for the quarter that ended in Mar. 2024 was 0.23%. Total Assets is also linked to Revenue through Asset Turnover. TSS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.61.
TSS Total Assets Historical Data
The historical data trend for TSS'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.
TSS'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.
TSS'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.
TSS Total Assets Related Terms
Thank you for viewing the detailed overview of TSS's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
TSS Inc provides various services for planning, design, development, and maintenance of mission-critical facilities and information infrastructure, as well as integration services. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. Its Facilities unit which is involved in the design, project management and maintenance of data center and mission-critical business operations, and Systems Integration unit that integrates IT equipment for Original Equipment Manufacturer vendors and customers to use inside data center environments, including modular data centers. The activities are organized into two segments: facilities, and systems integration. It generates revenue from United States.
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