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Bon Natural Life (Bon Natural Life) Total Assets : $46.56 Mil (As of Sep. 2023)


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What is Bon Natural Life Total Assets?

Bon Natural Life's Total Assets for the quarter that ended in Sep. 2023 was $46.56 Mil.

Warning Sign:

If a company builds assets at 24.1% a year, faster than its revenue growth rate of 20.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Bon Natural Life's average Total Assets Growth Rate was 27.50% per year. During the past 3 years, the average Total Assets Growth Rate was 22.70% per year. During the past 5 years, the average Total Assets Growth Rate was 24.10% per year.

During the past 6 years, Bon Natural Life's highest 3-Year average Total Assets Growth Rate was 27.50%. The lowest was 22.70%. And the median was 23.60%.

Total Assets is connected with ROA %. Bon Natural Life's annualized ROA % for the quarter that ended in Sep. 2023 was 10.56%. Total Assets is also linked to Revenue through Asset Turnover. Bon Natural Life's Asset Turnover for the quarter that ended in Sep. 2023 was 0.33.

Bon Natural Life Total Assets Historical Data

The historical data trend for Bon Natural Life'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.

* Premium members only.

Bon Natural Life Total Assets Chart

Bon Natural Life Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial 19.56 25.20 36.41 37.26 46.56

Bon Natural Life Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 36.41 39.38 37.26 47.21 46.56

Bon Natural Life 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.

Bon Natural Life's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=35.982+10.574
=46.56

Bon Natural Life's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=35.982+10.574
=46.56

* 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.

Bon Natural Life  (NAS:BON) Total Assets Explanation

Total Assets is connected with ROA %.

Bon Natural Life's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=4.952/( (47.207+46.556)/ 2 )
=4.952/46.8815
=10.56 %

Note: The Net Income data used here is two times the semi-annual (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.

Bon Natural Life's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=15.372/( (47.207+46.556)/ 2 )
=15.372/46.8815
=0.33

* 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.

Bon Natural Life Total Assets Related Terms

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Bon Natural Life (Bon Natural Life) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bon Natural Life Ltd (NAS:BON) » Definitions » Total Assets
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BABB YCRM CYAN SNAX JVA RKDA TOFB NUZE BOF CELV XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
C601, Gazelle Valley, No.69 Jinye Road, Xi’an Hi-tech Zone, Xi’an, CHN, 710077
Website
https://www.bnlus.com
Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. The company has its geographic presence in PRC and in Overseas.