Crown Resorts's Total Assets for the quarter that ended in Dec. 2021 was A$7,071.80 Mil.
During the past 12 months, Crown Resorts's average Total Assets Growth Rate was -10.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, Crown Resorts's highest 3-Year average Total Assets Growth Rate was 13.10%. The lowest was -8.20%. And the median was 1.75%.
The historical data trend for Crown Resorts'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.
Crown Resorts's Total Assets for the fiscal year that ended in Jun. 2021 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.
Crown Resorts (ASX:CWNHB.PFD) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2021) 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.
Crown Resorts's Asset Turnover for the quarter that ended in Dec. 2021 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.
Crown Resorts Total Assets Related Terms
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Crown Resorts (ASX:CWNHB.PFD) Business Description
Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.
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