CKX Lands's Total Assets for the quarter that ended in Dec. 2023 was $18.81 Mil.
During the past 12 months, CKX Lands's average Total Assets Growth Rate was 2.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.40% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 13 years, CKX Lands's highest 3-Year average Total Assets Growth Rate was 22.40%. The lowest was -21.20%. And the median was 6.55%.
Total Assets is connected with ROA %. CKX Lands's annualizedROA % for the quarter that ended in Dec. 2023 was 5.23%. Total Assets is also linked to Revenue through Asset Turnover. CKX Lands's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.
CKX Lands Total Assets Historical Data
The historical data trend for CKX Lands'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.
CKX Lands'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.
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.
CKX Lands'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.
CKX Lands Total Assets Related Terms
Thank you for viewing the detailed overview of CKX Lands's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CKX has been successfully added to your 