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COSO (CoastalSouth Bancshares) Total Assets : $2,129.35 Mil (As of Sep. 2024)


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What is CoastalSouth Bancshares Total Assets?

CoastalSouth Bancshares's Total Assets for the quarter that ended in Sep. 2024 was $2,129.35 Mil.

Warning Sign:

If a company builds assets at 28.6% a year, faster than its revenue growth rate of 16% over the past 5 years, it means that the company may be getting less efficient.

During the past 3 years, the average Total Assets Growth Rate was 17.50% per year. During the past 5 years, the average Total Assets Growth Rate was 28.60% per year.

During the past 8 years, CoastalSouth Bancshares's highest 3-Year average Total Assets Growth Rate was 39.00%. The lowest was 17.50%. And the median was 31.20%.

Total Assets is connected with ROA %. CoastalSouth Bancshares's annualized ROA % for the quarter that ended in Sep. 2024 was 1.49%. Total Assets is also linked to Revenue through Asset Turnover. CoastalSouth Bancshares's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


CoastalSouth Bancshares Total Assets Historical Data

The historical data trend for CoastalSouth Bancshares'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.

CoastalSouth Bancshares Total Assets Chart

CoastalSouth Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 708.49 1,147.53 1,611.66 1,835.48 2,028.60

CoastalSouth Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 2,028.60 2,050.95 2,115.55 2,129.35

CoastalSouth Bancshares 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.

CoastalSouth Bancshares'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 )
=156.043+1872.556
=2,028.60

CoastalSouth Bancshares's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=193.303+1936.043
=2,129.35

* 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.


CoastalSouth Bancshares  (OTCPK:COSO) Total Assets Explanation

Total Assets is connected with ROA %.

CoastalSouth Bancshares's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=31.536/( (2115.547+2129.346)/ 2 )
=31.536/2122.4465
=1.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

CoastalSouth Bancshares's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=19.642/( (2115.547+2129.346)/ 2 )
=19.642/2122.4465
=0.01

* 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.

CoastalSouth Bancshares Total Assets Related Terms

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CoastalSouth Bancshares Business Description

Traded in Other Exchanges
N/A
Address
5 Bow Circle, Hilton Head Island, SC, USA, 29928
CoastalSouth Bancshares Inc is a bank holding company. It offers full-service banking services designed to meet the needs of retail and commercial customers in the markets in which it operates. The services offered include transaction and savings deposit accounts, commercial and consumer lending, mortgage banking, and other activities related to commercial banking. It operates nearly 11 retail banking branches in three retail main retail markets, the Lowcountry of South Carolina, Savannah, Georgia, and metro Atlanta, Georgia.