Westwood Holdings Group's Total Assets for the quarter that ended in Dec. 2023 was $155.17 Mil.
During the past 12 months, Westwood Holdings Group's average Total Assets Growth Rate was -4.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 15.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 13 years, Westwood Holdings Group's highest 3-Year average Total Assets Growth Rate was 37.90%. The lowest was -21.60%. And the median was 8.70%.
Total Assets is connected with ROA %. Westwood Holdings Group's annualizedROA % for the quarter that ended in Dec. 2023 was 6.75%. Total Assets is also linked to Revenue through Asset Turnover. Westwood Holdings Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.
Westwood Holdings Group Total Assets Historical Data
The historical data trend for Westwood Holdings Group'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.
Westwood Holdings Group'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.
Westwood Holdings Group (NYSE:WHG) 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.
Westwood Holdings Group'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.
Westwood Holdings Group Total Assets Related Terms
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Westwood Holdings Group (Westwood Holdings Group) Business Description
Westwood Holdings Group Inc through its subsidiaries is engaged in managing investment assets and providing services for its clients. The company operates its business through the Advisory and Trust segments. Its advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals and the Westwood Funds, as well as investment sub-advisory services to mutual funds and its trust segment. The Trust segment offers trust and custodial services to its clients and to its advisory segment and sponsors common trust funds to institutions and high net worth individuals. It generates maximum revenue from the Advisory segment. Geographically, it derives a majority of revenue from the United States.
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