Singapore Exchange's Total Assets for the quarter that ended in Dec. 2023 was $2,852.7 Mil.
Warning Sign:
If a company builds assets at 18.4% a year, faster than its revenue growth rate of 6.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Singapore Exchange's average Total Assets Growth Rate was 10.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.50% per year.
During the past 13 years, Singapore Exchange's highest 3-Year average Total Assets Growth Rate was 24.50%. The lowest was -13.00%. And the median was 8.50%.
The historical data trend for Singapore Exchange'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.
Singapore Exchange's Total Assets for the fiscal year that ended in Jun. 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.
Singapore Exchange (OTCPK:SPXCY) Total Assets Explanation
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.
Singapore Exchange'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.
Singapore Exchange Total Assets Related Terms
Thank you for viewing the detailed overview of Singapore Exchange's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Singapore Exchange (Singapore Exchange) Business Description
Singapore Exchange is a vertically integrated securities exchange business, offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures and the Indian Nifty 50 Index Futures.
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