Twin Disc's Total Assets for the quarter that ended in Mar. 2024 was $288.8 Mil.
During the past 12 months, Twin Disc's average Total Assets Growth Rate was -2.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.10% per year.
During the past 13 years, Twin Disc's highest 3-Year average Total Assets Growth Rate was 19.60%. The lowest was -9.60%. And the median was 3.20%.
Total Assets is connected with ROA %. Twin Disc's annualizedROA % for the quarter that ended in Mar. 2024 was 5.33%. Total Assets is also linked to Revenue through Asset Turnover. Twin Disc's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.
Twin Disc Total Assets Historical Data
The historical data trend for Twin Disc'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.
Twin Disc'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 (Mar. 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.
Twin Disc's Asset Turnover for the quarter that ended in Mar. 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.
Twin Disc Total Assets Related Terms
Thank you for viewing the detailed overview of Twin Disc's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
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