Mercury Systems's Total Assets for the quarter that ended in Dec. 2023 was $2,436.3 Mil.
Warning Sign:
If a company builds assets at 20.3% a year, faster than its revenue growth rate of 10.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Mercury Systems's average Total Assets Growth Rate was -0.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 18.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 25.10% per year.
During the past 13 years, Mercury Systems's highest 3-Year average Total Assets Growth Rate was 47.80%. The lowest was -20.20%. And the median was 19.80%.
The historical data trend for Mercury Systems'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.
Mercury Systems'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.
Mercury Systems (NAS:MRCY) 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.
Mercury Systems'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.
Mercury Systems Total Assets Related Terms
Thank you for viewing the detailed overview of Mercury Systems's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Mercury Systems (Mercury Systems) Business Description
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MRCY has been successfully added to your 