Cantel Medical's Total Assets for the quarter that ended in Apr. 2021 was $2,031 Mil.
Warning Sign:
If a company builds asset at 22.3% a year, faster than its revenue growth rate of 10.8% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Cantel Medical's average Total Assets Growth Rate was -8.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 33.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 22.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.20% per year.
During the past 13 years, Cantel Medical's highest 3-Year average Total Assets Growth Rate was 59.30%. The lowest was -10.20%. And the median was 16.20%.
The historical data trend for Cantel Medical'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.
Cantel Medical's Total Assets for the fiscal year that ended in Jul. 2020 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.
Cantel Medical (NYSE:CMD) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Apr. 2021) 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.
Cantel Medical's Asset Turnover for the quarter that ended in Apr. 2021 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.
Cantel Medical Total Assets Related Terms
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Cantel Medical (Cantel Medical) Business Description
Cantel Medical is a New Jersey-based manufacturer of hospital supplies for infection prevention, which include products used in endoscope disinfection, water purification systems for use in dialysis treatment, and dental supplies. The firm reports in four segments: medical (46% of fiscal 2020 sales), dental (32%), life sciences (19%), and dialysis (3%). Geographic exposure is primarily in the U.S., which accounts for about 75% of revenue, with international markets making up the remaining 25%.
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