Cellnex Telecom's Total Assets for the quarter that ended in Mar. 2024 was $47,665 Mil.
Warning Sign:
If a company builds assets at 57.7% a year, faster than its revenue growth rate of 15.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Cellnex Telecom's average Total Assets Growth Rate was 0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 30.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 57.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 54.50% per year.
During the past 13 years, Cellnex Telecom's highest 3-Year average Total Assets Growth Rate was 100.90%. The lowest was 19.20%. And the median was 53.60%.
The historical data trend for Cellnex Telecom'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.
Cellnex Telecom'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.
Cellnex Telecom (OTCPK:CLNXF) 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.
Cellnex Telecom'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.
Cellnex Telecom Total Assets Related Terms
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Cellnex Telecom (Cellnex Telecom) Business Description
Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.
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