Metrofile Holdings's Total Assets for the quarter that ended in Dec. 2023 was R1,539.3 Mil.
During the past 12 months, Metrofile Holdings's average Total Assets Growth Rate was -1.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.
During the past 13 years, Metrofile Holdings's highest 3-Year average Total Assets Growth Rate was 29.90%. The lowest was -2.10%. And the median was 10.30%.
The historical data trend for Metrofile Holdings'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.
Metrofile Holdings's Total Assets for the fiscal year that ended in Jun. 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.
Metrofile Holdings (JSE:MFL) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (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.
Metrofile Holdings'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.
Metrofile Holdings Total Assets Related Terms
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Metrofile Holdings Ltd provides data management and data storage facilities to its clients. The company offers Records storage and management, including backup and protection of active and inactive documents, images, and data in physical and electronic format. It also provides other services such as Digital services, Business support services, and other Products and Solutions. Its segments include MRM South Africa, which is the key revenue driver; MRM Rest of Africa; MRM Middle East and Products and Services South Africa. The majority of its revenue is derived from its Secure storage services.
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