Manitou BF's Total Assets for the quarter that ended in Dec. 2023 was €2,165 Mil.
Warning Sign:
If a company builds assets at 10.1% a year, faster than its revenue growth rate of 7.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Manitou BF's average Total Assets Growth Rate was 24.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.70% per year.
During the past 13 years, Manitou BF's highest 3-Year average Total Assets Growth Rate was 28.30%. The lowest was -12.40%. And the median was 4.00%.
The historical data trend for Manitou BF'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.
Manitou BF'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 two times the semi-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.
Manitou BF'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.
Manitou BF Total Assets Related Terms
Thank you for viewing the detailed overview of Manitou BF's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.
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