Enterprise Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $4,466.0 Mil.
Warning Sign:
If a company builds assets at 8.9% a year, faster than its revenue growth rate of 6.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Enterprise Bancorp's average Total Assets Growth Rate was 5.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.70% per year.
During the past 13 years, Enterprise Bancorp's highest 3-Year average Total Assets Growth Rate was 23.60%. The lowest was 5.40%. And the median was 10.20%.
Total Assets is connected with ROA %. Enterprise Bancorp's annualizedROA % for the quarter that ended in Dec. 2023 was 0.71%. Total Assets is also linked to Revenue through Asset Turnover. Enterprise Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
Enterprise Bancorp Total Assets Historical Data
The historical data trend for Enterprise Bancorp'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.
Enterprise Bancorp'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.
Enterprise Bancorp (NAS:EBTC) 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.
Enterprise Bancorp'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.
Enterprise Bancorp Total Assets Related Terms
Thank you for viewing the detailed overview of Enterprise Bancorp's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Enterprise Bancorp (Enterprise Bancorp) Business Description
Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EBTC has been successfully added to your 