Stanbic IBTC Holdings's Total Assets for the quarter that ended in Mar. 2024 was ₦5,976,983 Mil.
Warning Sign:
If a company builds assets at 23.3% a year, faster than its revenue growth rate of 10.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Stanbic IBTC Holdings's average Total Assets Growth Rate was 79.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 26.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 23.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 18.40% per year.
During the past 13 years, Stanbic IBTC Holdings's highest 3-Year average Total Assets Growth Rate was 32.00%. The lowest was 5.50%. And the median was 19.30%.
Stanbic IBTC Holdings Total Assets Historical Data
The historical data trend for Stanbic IBTC 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.
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.
Stanbic IBTC Holdings'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.
Stanbic IBTC Holdings (NSA:STANBIC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) 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.
Stanbic IBTC Holdings's Asset Turnover for the quarter that ended in Mar. 2024 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.
Stanbic IBTC Holdings Total Assets Related Terms
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Stanbic IBTC Holdings (NSA:STANBIC) Business Description
Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.
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