Core-Mark Holding Co's Total Assets for the quarter that ended in Jun. 2021 was $2,133 Mil.
Warning Sign:
If a company builds asset at 11.1% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Core-Mark Holding Co's average Total Assets Growth Rate was 12.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.
During the past 13 years, Core-Mark Holding Co's highest 3-Year average Total Assets Growth Rate was 19.70%. The lowest was -14.70%. And the median was 7.60%.
The historical data trend for Core-Mark Holding Co'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.
Core-Mark Holding Co's Total Assets for the fiscal year that ended in Dec. 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.
Core-Mark Holding Co (NAS:CORE) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 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.
Core-Mark Holding Co's Asset Turnover for the quarter that ended in Jun. 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.
Core-Mark Holding Co Total Assets Related Terms
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Core-Mark Holding Co (Core-Mark Holding Co) Business Description
Core-Mark Holding Co Inc is a wholesale distributor to the convenience retail industry in North America, providing sales, marketing, distribution, and logistics services to customers across the United States and Canada. The company offers customers a wide range of branded and private label products including cigarettes, food, candy, health and beauty products, and beverages. Geographically, it generates a majority of its revenue from the United States.
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