CIC Holdings (COL:CIC.N0000) Total Assets : රු79,641 Mil (As of Dec. 2023)

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What is CIC Holdings Total Assets?

CIC Holdings's Total Assets for the quarter that ended in Dec. 2023 was රු79,641 Mil.

During the past 12 months, CIC Holdings's average Total Assets Growth Rate was 43.00% per year. During the past 3 years, the average Total Assets Growth Rate was 10.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, CIC Holdings's highest 3-Year average Total Assets Growth Rate was 24.40%. The lowest was 0.10%. And the median was 6.60%.

Total Assets is connected with ROA %. CIC Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 39.00%. Total Assets is also linked to Revenue through Asset Turnover. CIC Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.34.

CIC Holdings Total Assets Historical Data

The historical data trend for CIC Holdings'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.

* Premium members only.

CIC Holdings Total Assets Chart

CIC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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37,251.33

39,268.87

40,031.18

46,127.16

55,802.77

CIC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															54,860.52	55,802.77	58,704.24	68,828.40	79,640.59

CIC Holdings 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.

CIC Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	27829.015	+	27973.752
	=	55,803

CIC Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	39002.67	+	40637.92
	=	79,641

CIC Holdings (COL:CIC.N0000) Total Assets Explanation

Total Assets is connected with ROA %.

CIC Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	28949.12	/	( (68828.4	+	79640.59)	/ 2 )
	=	28949.12	/	74234.495
	=	39.00 %

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.

CIC Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	25368.45	/	( (68828.4	+	79640.59)	/ 2 )
=	25368.45	/	74234.495
=	0.34

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.

CIC Holdings Total Assets Related Terms

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CIC Holdings (COL:CIC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CIC Holdings PLC (COL:CIC.N0000) » Definitions » Total Assets

Traded in Other Exchanges

CIC.X0000:Sri Lanka

Address

199, Kew Road, Colombo, LKA, 02

Website

https://www.cic.lk

CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop solutions, Agri Produce, Lives Stock Solutions, Industrial Solutions, and Health and Personal care. Geographically, it generates the majority of the revenue from Srilanka and also exports to other countries.

CIC Holdings (COL:CIC.N0000) Headlines

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