Canterbury Park Holding's Total Assets for the quarter that ended in Mar. 2025 was $112.36 Mil.
Warning Sign:
If a company builds assets at 6.8% a year, faster than its revenue growth rate of 4.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Canterbury Park Holding's average Total Assets Growth Rate was 20.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.90% per year.
During the past 13 years, Canterbury Park Holding's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was -3.00%. And the median was 8.45%.
* 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.
Canterbury Park Holding's Total Assets for the fiscal year that ended in Dec. 2024 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.
Canterbury Park Holding (NAS:CPHC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2025) 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.
Canterbury Park Holding's Asset Turnover for the quarter that ended in Mar. 2025 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.
Canterbury Park Holding Total Assets Related Terms
Thank you for viewing the detailed overview of Canterbury Park Holding's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the development segment represents its real estate development operations. The firm generates a majority of its revenue from the Casino segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CPHC has been successfully added to your 