Combined Motor Holdings's Total Assets for the quarter that ended in Aug. 2024 was R4,938 Mil.
Warning Sign:
If a company builds assets at 9.6% a year, faster than its revenue growth rate of 3.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Combined Motor Holdings's average Total Assets Growth Rate was -0.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.
During the past 13 years, Combined Motor Holdings's highest 3-Year average Total Assets Growth Rate was 45.30%. The lowest was -5.00%. And the median was 6.95%.
* 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.
Combined Motor Holdings's Total Assets for the fiscal year that ended in Feb. 2024 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.
Combined Motor Holdings (JSE:CMH) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Aug. 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.
Combined Motor Holdings's Asset Turnover for the quarter that ended in Aug. 2024 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.
Combined Motor Holdings Total Assets Related Terms
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Combined Motor Holdings Ltd is a South Africa-based investment holding company. The company with its subsidiaries is engaged in retail motor, car hire, and financial services. The company operates in four business segments namely Motor retail and distribution segment which comprises of retail motor dealerships of Volvo, Land Rover, Jaguar, Honda, Ford, Mazda, General Motors, Lexus, Mitsubishi, Volkswagen, Toyota, and Morris Garages, among others which also contributes a majority part of revenue; Car Hire segment; Financial services segment and, Corporate services and others segment. The majority of its revenue is earned from the South African market.
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