COMSovereign Holding's Total Assets for the quarter that ended in Sep. 2023 was $20.29 Mil.
During the past 12 months, COMSovereign Holding's average Total Assets Growth Rate was -67.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -42.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 98.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 74.80% per year.
During the past 13 years, COMSovereign Holding's highest 3-Year average Total Assets Growth Rate was 308.50%. The lowest was -45.20%. And the median was 13.50%.
The historical data trend for COMSovereign Holding'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.
COMSovereign Holding's Total Assets for the fiscal year that ended in Dec. 2022 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.
COMSovereign Holding (OTCPK:COMS) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
COMSovereign Holding's Asset Turnover for the quarter that ended in Sep. 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.
COMSovereign Holding Total Assets Related Terms
Thank you for viewing the detailed overview of COMSovereign Holding's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
COMSovereign Holding (COMSovereign Holding) Business Description
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
COMS has been successfully added to your 