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Crown Castle International (Crown Castle International) Total Assets : $38,231.00 Mil (As of Mar. 2024)


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What is Crown Castle International Total Assets?

Crown Castle International's Total Assets for the quarter that ended in Mar. 2024 was $38,231.00 Mil.

During the past 12 months, Crown Castle International's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 2.70% per year. During the past 10 years, the average Total Assets Growth Rate was 8.20% per year.

During the past 13 years, Crown Castle International's highest 3-Year average Total Assets Growth Rate was 165.40%. The lowest was -14.90%. And the median was 12.75%.

Total Assets is connected with ROA %. Crown Castle International's annualized ROA % for the quarter that ended in Mar. 2024 was 3.24%. Total Assets is also linked to Revenue through Asset Turnover. Crown Castle International's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


Crown Castle International Total Assets Historical Data

The historical data trend for Crown Castle International'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.

Crown Castle International Total Assets Chart

Crown Castle International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38,457.00 38,768.00 39,040.00 38,921.00 38,527.00

Crown Castle International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39,054.00 39,042.00 38,699.00 38,527.00 38,231.00

Crown Castle International 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.

Crown Castle International'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 )
=6381+32146
=38,527.00

Crown Castle International's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=6048+32183
=38,231.00

* 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 Castle International  (NYSE:CCIpA.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Crown Castle International's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1244/( (38527+38231)/ 2 )
=1244/38379
=3.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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 Castle International's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1641/( (38527+38231)/ 2 )
=1641/38379
=0.04

* 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 Castle International Total Assets Related Terms

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Crown Castle International (Crown Castle International) Business Description

Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.