Econet Wireless Zimbabwe's Total Assets for the quarter that ended in Feb. 2024 was ZWL12,141,399 Mil.
During the past 12 months, Econet Wireless Zimbabwe's average Total Assets Growth Rate was 1704.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 385.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 230.70% per year.
During the past 10 years, the average Total Assets Growth Rate was -21.50% per year.
During the past 9 years, Econet Wireless Zimbabwe's highest 3-Year average Total Assets Growth Rate was 385.40%. The lowest was -33.30%. And the median was 80.00%.
* 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.
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.
Econet Wireless Zimbabwe's Total Assets for the fiscal year that ended in Feb. 2024 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.
Econet Wireless Zimbabwe (XZIM:ECO.ZW) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Feb. 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.
Econet Wireless Zimbabwe's Asset Turnover for the quarter that ended in Feb. 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.
Econet Wireless Zimbabwe Total Assets Related Terms
Thank you for viewing the detailed overview of Econet Wireless Zimbabwe's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XZIM:ECO.ZW has been successfully added to your 