Cable One's Total Assets for the quarter that ended in Dec. 2023 was $6,847 Mil.
Warning Sign:
If a company builds assets at 28.7% a year, faster than its revenue growth rate of 8.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Cable One's average Total Assets Growth Rate was -0.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 28.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 22.80% per year.
During the past 12 years, Cable One's highest 3-Year average Total Assets Growth Rate was 47.70%. The lowest was 1.10%. And the median was 21.80%.
Total Assets is connected with ROA %. Cable One's annualizedROA % for the quarter that ended in Dec. 2023 was 6.70%. Total Assets is also linked to Revenue through Asset Turnover. Cable One's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.
Cable One Total Assets Historical Data
The historical data trend for Cable One'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.
Cable One'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 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.
Cable One'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.
Cable One Total Assets Related Terms
Thank you for viewing the detailed overview of Cable One's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CABO has been successfully added to your 