Logansport Financial (Logansport Financial) Total Assets : $247.71 Mil (As of Dec. 2023)

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What is Logansport Financial Total Assets?

Logansport Financial's Total Assets for the quarter that ended in Dec. 2023 was $247.71 Mil.

During the past 12 months, Logansport Financial's average Total Assets Growth Rate was 4.90% per year. During the past 3 years, the average Total Assets Growth Rate was 7.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.50% per year. During the past 10 years, the average Total Assets Growth Rate was 4.30% per year.

During the past 13 years, Logansport Financial's highest 3-Year average Total Assets Growth Rate was 15.00%. The lowest was -0.70%. And the median was 6.80%.

Total Assets is connected with ROA %. Logansport Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 0.71%. Total Assets is also linked to Revenue through Asset Turnover. Logansport Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Logansport Financial Total Assets Historical Data

The historical data trend for Logansport Financial'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.

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Logansport Financial Total Assets Chart

Logansport Financial Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec08

Dec09

Dec20

Dec21

Dec22

Dec23

Total Assets

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162.23

220.37

247.71

255.05

247.71

Logansport Financial Semi-Annual Data
	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec08	Dec09	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial										162.23	220.37	247.71	255.05	247.71

Logansport Financial 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.

Logansport Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	20.717	+	226.996
	=	247.71

Logansport Financial'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 )
	=	20.717	+	226.996
	=	247.71

Logansport Financial (OTCPK:LOGN) Total Assets Explanation

Total Assets is connected with ROA %.

Logansport Financial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1.791	/	( (255.048	+	247.713)	/ 2 )
	=	1.791	/	251.3805
	=	0.71 %

Note: The Net Income data used here is one times the annual (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.

Logansport Financial's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	8.258	/	( (255.048	+	247.713)	/ 2 )
=	8.258	/	251.3805
=	0.03

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.

Logansport Financial Total Assets Related Terms

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Logansport Financial (Logansport Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Logansport Financial Corp (OTCPK:LOGN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

723 East Broadway, Logansport, IN, USA, 46947

Website

https://www.logansportsavings.com

Logansport Financial Corp is the holding company for Logansport Savings Bank. It is engaged primarily in the business of attracting retail deposits from the public. The company provides Personal Banking; Personal Lending and Business Banking.

Executives

Allen D Schieber	officer: Senior Vice President	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Thomas G Williams	director	C/O LOGANSPORT FINANCIAL CORP, 723 EAST BROADWAY, LOGANSPORT IN 46947
David G Wihebrink	director, officer: President and CEO	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
William Jr Tinchler	director	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Charles J Evans	director, officer: Senior Vice President	C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947