If a company builds assets at 137.3% a year, faster than its revenue growth rate of 114.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Armac Locacao Logistica e Servicos's average Total Assets Growth Rate was 16.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 111.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 137.30% per year.
During the past 6 years, Armac Locacao Logistica e Servicos's highest 3-Year average Total Assets Growth Rate was 194.30%. The lowest was 111.20%. And the median was 180.80%.
* 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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Armac Locacao Logistica e Servicos Total Assets Chart
Armac Locacao Logistica e Servicos 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.
* 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.
Armac Locacao Logistica e Servicos (BSP:ARML3) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Armac Locacao Logistica e Servicos'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.
Armac Locacao Logistica e Servicos Total Assets Related Terms
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Armac Locacao Logistica e Servicos (BSP:ARML3) Business Description
Armac Locacao Logistica e Servicos SA is engaged in offering machinery and equipment on a rental basis. Some of its equipment includes pavers, telescopic handlers, Compaction rollers, Motor graders, crawler tractors, excavators, and Loaders among others.
Armac Locacao Logistica e Servicos (BSP:ARML3) Headlines
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