Carriage Services's Total Assets for the quarter that ended in Dec. 2023 was $1,268.1 Mil.
During the past 12 months, Carriage Services's average Total Assets Growth Rate was 6.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.50% per year.
During the past 13 years, Carriage Services's highest 3-Year average Total Assets Growth Rate was 60.60%. The lowest was -8.70%. And the median was 4.20%.
Total Assets is connected with ROA %. Carriage Services's annualizedROA % for the quarter that ended in Dec. 2023 was 3.69%. Total Assets is also linked to Revenue through Asset Turnover. Carriage Services's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.
Carriage Services Total Assets Historical Data
The historical data trend for Carriage Services'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.
Carriage Services'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.
Carriage Services (NYSE:CSV) 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.
Carriage Services'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.
Carriage Services Total Assets Related Terms
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Carriage Services (Carriage Services) Business Description
Carriage Services Inc is a leading provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
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