Lantronix's Total Assets for the quarter that ended in Dec. 2023 was $151.6 Mil.
Warning Sign:
If a company builds assets at 44.3% a year, faster than its revenue growth rate of 12% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lantronix's average Total Assets Growth Rate was -8.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 44.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.30% per year.
During the past 13 years, Lantronix's highest 3-Year average Total Assets Growth Rate was 83.10%. The lowest was -36.80%. And the median was 1.40%.
Total Assets is connected with ROA %. Lantronix's annualizedROA % for the quarter that ended in Dec. 2023 was -6.82%. Total Assets is also linked to Revenue through Asset Turnover. Lantronix's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.
Lantronix Total Assets Historical Data
The historical data trend for Lantronix'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.
Lantronix's Total Assets for the fiscal year that ended in Jun. 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.
Note:
The Net Income data used here is four times the quarterly (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.
Lantronix'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.
Lantronix Total Assets Related Terms
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Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines named as IoT Solutions, IoT System Solutions, and Software & Services. Embedded IoT solution segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.
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