If a company builds assets at 29.9% a year, faster than its revenue growth rate of 14.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Micro Focus International's average Total Assets Growth Rate was -8.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 28.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 49.90% per year.
During the past 13 years, Micro Focus International's highest 3-Year average Total Assets Growth Rate was 114.90%. The lowest was -3.10%. And the median was 35.35%.
* 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.
Micro Focus International 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.
Micro Focus International's Total Assets for the fiscal year that ended in Oct. 2021 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.
Micro Focus International (OTCPK:MCFUF) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Apr. 2022) 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.
Micro Focus International's Asset Turnover for the quarter that ended in Apr. 2022 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.
Micro Focus International Total Assets Related Terms
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Micro Focus International (Micro Focus International) Business Description
Micro Focus International is an enterprise software company supporting the technology needs and challenges. Its solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Its product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management and Governance and Application Modernization and Connectivity.
Micro Focus International (Micro Focus International) Headlines
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