City Developments's Total Assets for the quarter that ended in Dec. 2023 was $18,192 Mil.
During the past 12 months, City Developments's average Total Assets Growth Rate was 5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.00% per year.
During the past 13 years, City Developments's highest 3-Year average Total Assets Growth Rate was 9.70%. The lowest was -6.60%. And the median was 3.60%.
The historical data trend for City Developments'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.
City Developments'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.
City Developments (OTCPK:CDEVY) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 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.
City Developments's Asset Turnover for the quarter that ended in Dec. 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.
City Developments Total Assets Related Terms
Thank you for viewing the detailed overview of City Developments's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
City Developments (City Developments) Business Description
City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CDEVY has been successfully added to your 