If a company builds assets at 60.2% a year, faster than its revenue growth rate of 48.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Transportadora de Gas del Norte's average Total Assets Growth Rate was 266.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 74.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 60.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 82.50% per year.
During the past 13 years, Transportadora de Gas del Norte's highest 3-Year average Total Assets Growth Rate was 166.50%. The lowest was -2.70%. And the median was 16.65%.
* 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.
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Transportadora de Gas del Norte Total Assets Chart
Transportadora de Gas del Norte 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.
* 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.
Transportadora de Gas del Norte (BUE:TGNO2) Total Assets Explanation
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.
Transportadora de Gas del Norte'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.
Transportadora de Gas del Norte Total Assets Related Terms
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Transportadora de Gas del Norte (BUE:TGNO2) Business Description
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. The Company operates a pipeline network of more than 6,788 kilometers. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance and technical assistance of third-party pipelines.
Transportadora de Gas del Norte (BUE:TGNO2) Headlines
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