Bains de Mer Monaco (Bains de Mer Monaco) Total Assets : $2,291.3 Mil (As of Sep. 2023)

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What is Bains de Mer Monaco Total Assets?

Bains de Mer Monaco's Total Assets for the quarter that ended in Sep. 2023 was $2,291.3 Mil.

Warning Sign:

If a company builds assets at 4.4% a year, faster than its revenue growth rate of 3.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Bains de Mer Monaco's average Total Assets Growth Rate was 4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 8.70% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.

During the past 13 years, Bains de Mer Monaco's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was -9.10%. And the median was 5.25%.

Total Assets is connected with ROA %. Bains de Mer Monaco's annualized ROA % for the quarter that ended in Sep. 2023 was 10.60%. Total Assets is also linked to Revenue through Asset Turnover. Bains de Mer Monaco's Asset Turnover for the quarter that ended in Sep. 2023 was 0.21.

Bains de Mer Monaco Total Assets Historical Data

The historical data trend for Bains de Mer Monaco'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.

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Bains de Mer Monaco Total Assets Chart

Bains de Mer Monaco Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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1,566.47

1,572.74

1,528.72

1,421.29

2,200.93

Bains de Mer Monaco Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															1,592.15	1,421.29	2,150.54	2,200.93	2,291.28

Bains de Mer Monaco 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.

Bains de Mer Monaco's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	1616.611	+	584.321
	=	2,200.9

Bains de Mer Monaco's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	1669.019	+	622.265
	=	2,291.3

Bains de Mer Monaco (OTCPK:BMRMF) Total Assets Explanation

Total Assets is connected with ROA %.

Bains de Mer Monaco's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	238.024	/	( (2200.933	+	2291.284)	/ 2 )
	=	238.024	/	2246.1085
	=	10.60 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Bains de Mer Monaco's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	475.525	/	( (2200.933	+	2291.284)	/ 2 )
=	475.525	/	2246.1085
=	0.21

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.

Bains de Mer Monaco Total Assets Related Terms

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Bains de Mer Monaco (Bains de Mer Monaco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bains de Mer Monaco (OTCPK:BMRMF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

BAIN:France RJ8:Germany

Address

Place du Casino, Monte Carlo, MCO, 98000

Website

http://www.montecarloresort.com

Bains de Mer Monaco is engaged in the gaming, hotel and leasing Industry. The Gaming sector combines the gaming table and slot machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Bay Casino, and the Rascasse. The Hotel sector includes all the accommodation and catering activities, the therapy and spa-centre and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. Bains derives the majority of revenue from the Hotel sector.