Kornit Digital (Kornit Digital) Total Assets : $843.0 Mil (As of Mar. 2024)

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What is Kornit Digital Total Assets?

Kornit Digital's Total Assets for the quarter that ended in Mar. 2024 was $843.0 Mil.

Warning Sign:

If a company builds assets at 32.9% a year, faster than its revenue growth rate of 4.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Kornit Digital's average Total Assets Growth Rate was -17.40% per year. During the past 3 years, the average Total Assets Growth Rate was 26.30% per year. During the past 5 years, the average Total Assets Growth Rate was 32.90% per year. During the past 10 years, the average Total Assets Growth Rate was 36.90% per year.

During the past 12 years, Kornit Digital's highest 3-Year average Total Assets Growth Rate was 71.70%. The lowest was 18.90%. And the median was 33.00%.

Total Assets is connected with ROA %. Kornit Digital's annualized ROA % for the quarter that ended in Mar. 2024 was -6.18%. Total Assets is also linked to Revenue through Asset Turnover. Kornit Digital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Kornit Digital Total Assets Historical Data

The historical data trend for Kornit Digital'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.

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Kornit Digital Total Assets Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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405.47

628.99

1,040.88

957.67

865.58

Kornit Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															947.06	919.78	898.11	865.58	842.99

Kornit Digital 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.

Kornit Digital'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 )
	=	795.667	+	69.913
	=	865.6

Kornit Digital's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	784.57	+	58.422
	=	843.0

Kornit Digital (NAS:KRNT) Total Assets Explanation

Total Assets is connected with ROA %.

Kornit Digital's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-52.796	/	( (865.58	+	842.992)	/ 2 )
	=	-52.796	/	854.286
	=	-6.18 %

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.

Kornit Digital's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	43.776	/	( (865.58	+	842.992)	/ 2 )
=	43.776	/	854.286
=	0.05

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.

Kornit Digital Total Assets Related Terms

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Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.