Zoom Video Communications's Total Assets for the quarter that ended in Jan. 2024 was $9,930 Mil.
Warning Sign:
If a company builds assets at 78.4% a year, faster than its revenue growth rate of 66.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Zoom Video Communications's average Total Assets Growth Rate was 9.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 41.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 78.40% per year.
During the past 8 years, Zoom Video Communications's highest 3-Year average Total Assets Growth Rate was 140.40%. The lowest was 41.20%. And the median was 106.45%.
Total Assets is connected with ROA %. Zoom Video Communications's annualizedROA % for the quarter that ended in Jan. 2024 was 12.42%. Total Assets is also linked to Revenue through Asset Turnover. Zoom Video Communications's Asset Turnover for the quarter that ended in Jan. 2024 was 0.12.
Zoom Video Communications Total Assets Historical Data
The historical data trend for Zoom Video Communications'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.
Zoom Video Communications 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.
Zoom Video Communications's Total Assets for the fiscal year that ended in Jan. 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.
Zoom Video Communications (NAS:ZM) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 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.
Zoom Video Communications's Asset Turnover for the quarter that ended in Jan. 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.
Zoom Video Communications Total Assets Related Terms
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Zoom Video Communications (Zoom Video Communications) Business Description
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
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