Kimball Electronics's Total Assets for the quarter that ended in Mar. 2024 was $1,261 Mil.
Warning Sign:
If a company builds assets at 14.8% a year, faster than its revenue growth rate of 10.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Kimball Electronics's average Total Assets Growth Rate was -3.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.40% per year.
During the past 13 years, Kimball Electronics's highest 3-Year average Total Assets Growth Rate was 19.70%. The lowest was 8.00%. And the median was 10.40%.
The historical data trend for Kimball Electronics'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.
Kimball Electronics'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.
Kimball Electronics (NAS:KE) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) 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.
Kimball Electronics's Asset Turnover for the quarter that ended in Mar. 2024 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.
Kimball Electronics Total Assets Related Terms
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Kimball Electronics (Kimball Electronics) Business Description
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it derives a majority of revenue from the United States.
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