Caribbean Utilities Co (Caribbean Utilities Co) Total Assets : $777.8 Mil (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Caribbean Utilities Co Total Assets?

Caribbean Utilities Co's Total Assets for the quarter that ended in Dec. 2023 was $777.8 Mil.

Warning Sign:

If a company builds assets at 7.1% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Caribbean Utilities Co's average Total Assets Growth Rate was 7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 13 years, Caribbean Utilities Co's highest 3-Year average Total Assets Growth Rate was 9.60%. The lowest was 1.50%. And the median was 4.80%.

Total Assets is connected with ROA %. Caribbean Utilities Co's annualized ROA % for the quarter that ended in Dec. 2023 was 4.93%. Total Assets is also linked to Revenue through Asset Turnover. Caribbean Utilities Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Caribbean Utilities Co Total Assets Historical Data

The historical data trend for Caribbean Utilities Co'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.

* Premium members only.

Caribbean Utilities Co Total Assets Chart

Caribbean Utilities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

600.42

633.67

634.15

726.54

777.81

Caribbean Utilities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															726.54	734.86	751.02	766.54	777.81

Caribbean Utilities Co 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.

Caribbean Utilities Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	324.742	+	453.065
	=	777.8

Caribbean Utilities Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	324.742	+	453.065
	=	777.8

Caribbean Utilities Co (OTCPK:CUPUF) Total Assets Explanation

Total Assets is connected with ROA %.

Caribbean Utilities Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	38.096	/	( (766.536	+	777.807)	/ 2 )
	=	38.096	/	772.1715
	=	4.93 %

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.

Caribbean Utilities Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	74.703	/	( (766.536	+	777.807)	/ 2 )
=	74.703	/	772.1715
=	0.10

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.

Caribbean Utilities Co Total Assets Related Terms

Thank you for viewing the detailed overview of Caribbean Utilities Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Caribbean Utilities Co (Caribbean Utilities Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Caribbean Utilities Co Ltd (OTCPK:CUPUF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CUP.U:Canada

Address

457 North Sound Road, P.O. Box 38, Grand Cayman, CYM, KY1-1101

Website

https://www.cuc-cayman.com

Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.