CPFL Energia's Total Assets for the quarter that ended in Dec. 2023 was R$74,971 Mil.
Warning Sign:
If a company builds assets at 14.4% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, CPFL Energia's average Total Assets Growth Rate was 4.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.70% per year.
During the past 13 years, CPFL Energia's highest 3-Year average Total Assets Growth Rate was 18.20%. The lowest was 2.00%. And the median was 8.40%.
The historical data trend for CPFL Energia'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.
CPFL Energia'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.
CPFL Energia'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.
CPFL Energia Total Assets Related Terms
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CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.
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