If a company builds assets at 53.5% a year, faster than its revenue growth rate of 33.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Loma Negra Cia Industria Argentina's average Total Assets Growth Rate was 142.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 38.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 53.50% per year.
During the past 9 years, Loma Negra Cia Industria Argentina's highest 3-Year average Total Assets Growth Rate was 109.60%. The lowest was 38.90%. And the median was 69.35%.
* 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.
* Premium members only.
Loma Negra Cia Industria Argentina Total Assets Chart
Loma Negra Cia Industria Argentina 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.
* 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.
Loma Negra Cia Industria Argentina (NYSE:LOMA) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Loma Negra Cia Industria Argentina's Asset Turnover for the quarter that ended in Sep. 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.
Loma Negra Cia Industria Argentina Total Assets Related Terms
Thank you for viewing the detailed overview of Loma Negra Cia Industria Argentina's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description
Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.
Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LOMA has been successfully added to your 