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CPI Aerostructures's Total Assets for the quarter that ended in Dec. 2023 was $74.36 Mil.
During the past 12 months, CPI Aerostructures's average Total Assets Growth Rate was 24.60% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year. During the past 5 years, the average Total Assets Growth Rate was 10.80% per year. During the past 10 years, the average Total Assets Growth Rate was -9.60% per year.
During the past 13 years, CPI Aerostructures's highest 3-Year average Total Assets Growth Rate was 34.40%. The lowest was -30.90%. And the median was 7.70%.
Total Assets is connected with ROA %. CPI Aerostructures's annualized ROA % for the quarter that ended in Dec. 2023 was 88.36%. Total Assets is also linked to Revenue through Asset Turnover. CPI Aerostructures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.35.
The historical data trend for CPI Aerostructures'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.
CPI Aerostructures Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 43.35 | 46.51 | 55.01 | 59.45 | 74.36 |
CPI Aerostructures 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 | 59.45 | 62.30 | 60.08 | 59.26 | 74.36 |
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.
CPI Aerostructures'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 ) |
= | 22.082 | + | 52.278 | |
= | 74.36 |
CPI Aerostructures'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 ) |
= | 22.082 | + | 52.278 | |
= | 74.36 |
* 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.
CPI Aerostructures (AMEX:CVU) Total Assets Explanation
Total Assets is connected with ROA %.
CPI Aerostructures'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 ) |
= | 59.036 | / | ( (59.259 | + | 74.36) | / 2 ) | |
= | 59.036 | / | 66.8095 | ||||
= | 88.36 % |
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.
CPI Aerostructures'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 ) |
= | 23.503 | / | ( (59.259 | + | 74.36) | / 2 ) |
= | 23.503 | / | 66.8095 | |||
= | 0.35 |
* 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.
Thank you for viewing the detailed overview of CPI Aerostructures's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Pamela Levesque | director | 91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717 |
Richard C Rosenjack | director | C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Paul Packer | 10 percent owner | C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004 |
Richard S Caswell | director | C/O CPI AEROSTRUCTURES, INC., 91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717 |
Terry Dean Stinson | director | C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254 |
Dorith Hakim | director, officer: CEO and President | C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE - 11TH FLOOR, NEW YORK NY 10174 |
Bond E Carey | director | 3210 CYPRESS MARSH DRIVE, FORT MYERS FL 33905 |
Michael Faber | director | 701 PENNSYLVANIA AVENUE NW, SUITE 900, WASHINGTON DC DC 20004 |
Walter Paulick | director | 30 TERRY PL, RIVERHEAD NY 11901 |
Eric Rosenfeld | director | 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Andrew L Davis | officer: Chief Financial Officer | C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601 |
Thomas E Powers | officer: Acting Chief Financial Officer | C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312 |
Dan Azmon | officer: Chief Financial Officer | 600 THIRD AVENUE, NEW YORK NY 10016 |
Janet Katherine Cooper | director | 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420 |
Awm Investment Company, Inc. | 10 percent owner | 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
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