Simulations Plus's Total Assets for the quarter that ended in Feb. 2024 was $193.97 Mil.
Warning Sign:
If a company builds assets at 17% a year, faster than its revenue growth rate of 11.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Simulations Plus's average Total Assets Growth Rate was 47.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 24.40% per year.
During the past 13 years, Simulations Plus's highest 3-Year average Total Assets Growth Rate was 59.30%. The lowest was -15.40%. And the median was 18.00%.
The historical data trend for Simulations Plus'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.
Simulations Plus's Total Assets for the fiscal year that ended in Aug. 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.
Simulations Plus (NAS:SLP) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Feb. 2024) 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.
Simulations Plus's Asset Turnover for the quarter that ended in Feb. 2024 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.
Simulations Plus Total Assets Related Terms
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Simulations Plus (Simulations Plus) Business Description
Simulations Plus Inc is engaged in the software industry. It develops and produces software for use in pharmaceutical research and education, and provides consulting and contract research services to the pharmaceutical industry. The company's operating segments include Software and services. It generates maximum revenue from the software segment.
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