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Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Total Assets : $3,748.0 Mil (As of Sep. 2021)


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What is Credito RealB de CV Sofom ER Total Assets?

Credito RealB de CV Sofom ER's Total Assets for the quarter that ended in Sep. 2021 was $3,748.0 Mil.

Total Assets is connected with ROA %. Credito RealB de CV Sofom ER's annualized ROA % for the quarter that ended in Sep. 2021 was 1.05%. Total Assets is also linked to Revenue through Asset Turnover. Credito RealB de CV Sofom ER's Asset Turnover for the quarter that ended in Sep. 2021 was 0.03.


Credito RealB de CV Sofom ER Total Assets Historical Data

The historical data trend for Credito RealB de CV Sofom ER'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.

Credito RealB de CV Sofom ER Total Assets Chart

Credito RealB de CV Sofom ER Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,742.03 2,133.85 2,524.19 3,265.73 3,534.93

Credito RealB de CV Sofom ER Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 3,347.35 3,534.93 3,774.40 3,829.62 3,747.96

Credito RealB de CV Sofom ER 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.

Credito RealB de CV Sofom ER's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=807.788+2727.144
=3,534.9

Credito RealB de CV Sofom ER's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=899.125+2848.838
=3,748.0

* 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.


Credito RealB de CV Sofom ER  (OTCPK:CRQDQ) Total Assets Explanation

Total Assets is connected with ROA %.

Credito RealB de CV Sofom ER's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=39.608/( (3829.622+3747.962)/ 2 )
=39.608/3788.792
=1.05 %

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

Credito RealB de CV Sofom ER's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=94.767/( (3829.622+3747.962)/ 2 )
=94.767/3788.792
=0.03

* 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.

Credito RealB de CV Sofom ER Total Assets Related Terms

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Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Insurgentes Sur No. 730, 20th Floor, Colonia Del Valle Norte, Del Benito Juarez, Mexico, MEX, MEX, 03103
Credito Real SAB de CV Sofom ER is a nonbanking financial institution in Mexico that focuses on consumer lending to low-income and middle-income customers. The company primarily makes payroll loans, durable goods loans, small business loans, group loans and used-car loans.

Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Headlines