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QCR Holdings's Total Assets for the quarter that ended in Dec. 2023 was $8,538.9 Mil.
Warning Sign:
If a company builds assets at 13.9% 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, QCR Holdings's average Total Assets Growth Rate was 7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 15.70% per year. During the past 5 years, the average Total Assets Growth Rate was 13.90% per year. During the past 10 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 13 years, QCR Holdings's highest 3-Year average Total Assets Growth Rate was 44.60%. The lowest was -5.60%. And the median was 17.20%.
Total Assets is connected with ROA %. QCR Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 1.54%. Total Assets is also linked to Revenue through Asset Turnover. QCR Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
The historical data trend for QCR Holdings'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.
QCR Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 4,909.05 | 5,705.04 | 6,096.13 | 7,948.84 | 8,538.89 |
QCR Holdings 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 | 8,036.90 | 8,226.67 | 8,540.06 | 8,538.89 | 8,599.55 |
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.
QCR Holdings'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 ) |
= | 886.596 | + | 7652.298 | |
= | 8,538.9 |
QCR Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 886.596 | + | 7652.298 | |
= | 8,538.9 |
* 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.
QCR Holdings (NAS:QCRH) Total Assets Explanation
Total Assets is connected with ROA %.
QCR Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 131.42 | / | ( (8540.057 | + | 8538.894) | / 2 ) | |
= | 131.42 | / | 8539.4755 | ||||
= | 1.54 % |
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.
QCR Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 101.31 | / | ( (8540.057 | + | 8538.894) | / 2 ) |
= | 101.31 | / | 8539.4755 | |||
= | 0.01 |
* 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.
Thank you for viewing the detailed overview of QCR Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Marie Z. Ziegler | director | 2252 SAINT ANDREWS CIRCLE, BETTENDORF IA 52722 |
Larry J Helling | director | |
Nick W Anderson | officer: SVP, Chief Accounting Officer | 21428 71ST AVE N, PORT BYRON IL 61275 |
Nicole A Lee | officer: EVP, Chief HR Officer | 2397 WRIGHT BROTHERS BLVD E, CEDAR RAPIDS IA 52404 |
Reba K Winter | officer: EVP, COO | 3402 RIVER RIDGE CT NE, CEDAR RAPIDS IA 52402 |
Elizabeth S Jacobs | director | 2812 DRUID HILL DRIVE, DES MOINES IA 50315 |
James M. Field | director | DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
John F Griesemer | director | 4024 E WINDSONG, SPRINGFIELD MO 65809 |
Mary Kay Bates | director | PO BOX 349, OKOBOJI IA 51355 |
Brent R Cobb | director | 3106 RIMROCK CT NE, CEDAR RAPIDS IA 52402 |
Todd A Gipple | officer: Exec VP/CFO | 3551 7TH ST, STE 204, MOLINE IL 61265 |
John H Anderson | officer: President, QCBT | 2315 FAIRHAVEN RD, DAVENPORT IA 52803 |
Monte C Mcnew | officer: President & CEO, SFC | 3825 E. CYPRESS POINT, SPRINGFIELD MO 65802 |
Dana L Nichols | officer: EVP, Chief Credit Officer | 2410 BEVER AVENUE SE, CEDAR RAPIDS IA 52403 |
Anne E Howard | officer: SVP, Dir Of Human Resources | 5107 GREYSTONE DRIVE, BETTENDORF IA 52722 |
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