Roblox's Total Assets for the quarter that ended in Dec. 2023 was $6,168 Mil.
Warning Sign:
If a company builds assets at 74.7% a year, faster than its revenue growth rate of 52.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Roblox's average Total Assets Growth Rate was 65.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 60.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 74.70% per year.
During the past 6 years, Roblox's highest 3-Year average Total Assets Growth Rate was 82.00%. The lowest was 60.90%. And the median was 81.40%.
Total Assets is connected with ROA %. Roblox's annualizedROA % for the quarter that ended in Dec. 2023 was -21.72%. Total Assets is also linked to Revenue through Asset Turnover. Roblox's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.
Roblox Total Assets Historical Data
The historical data trend for Roblox'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.
Roblox's Total Assets for the fiscal year that ended in Dec. 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.
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.
Roblox'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.
Roblox Total Assets Related Terms
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Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.
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