MarketAxess Holdings's Total Assets for the quarter that ended in Dec. 2023 was $2,015.1 Mil.
Warning Sign:
If a company builds assets at 33.3% a year, faster than its revenue growth rate of 11.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, MarketAxess Holdings's average Total Assets Growth Rate was 30.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 33.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 28.60% per year.
During the past 13 years, MarketAxess Holdings's highest 3-Year average Total Assets Growth Rate was 103.80%. The lowest was -23.60%. And the median was 18.45%.
Total Assets is connected with ROA %. MarketAxess Holdings's annualizedROA % for the quarter that ended in Dec. 2023 was 14.84%. Total Assets is also linked to Revenue through Asset Turnover. MarketAxess Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.
MarketAxess Holdings Total Assets Historical Data
The historical data trend for MarketAxess Holdings'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.
* Premium members only.
MarketAxess Holdings Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
954.93
1,331.43
1,530.45
1,607.78
2,015.07
MarketAxess Holdings Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
1,607.78
1,628.46
1,619.19
1,737.51
2,015.07
MarketAxess Holdings 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.
MarketAxess Holdings'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.
MarketAxess Holdings (NAS:MKTX) Total Assets Explanation
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.
MarketAxess Holdings'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.
MarketAxess Holdings Total Assets Related Terms
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MarketAxess Holdings (MarketAxess Holdings) Business Description
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.
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