enX Group's Total Assets for the quarter that ended in Feb. 2024 was R6,174 Mil.
During the past 12 months, enX Group's average Total Assets Growth Rate was 14.10% per year.
During the past 3 years, the average Total Assets Growth Rate was -18.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -13.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 34.70% per year.
During the past 13 years, enX Group's highest 3-Year average Total Assets Growth Rate was 176.40%. The lowest was -20.80%. And the median was 1.50%.
Total Assets is connected with ROA %. enX Group's annualizedROA % for the quarter that ended in Feb. 2024 was 5.31%. Total Assets is also linked to Revenue through Asset Turnover. enX Group's Asset Turnover for the quarter that ended in Feb. 2024 was 0.36.
enX Group Total Assets Historical Data
The historical data trend for enX Group'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.
enX Group's Total Assets for the fiscal year that ended in Aug. 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 two times the semi-annual (Feb. 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.
enX Group's Asset Turnover for the quarter that ended in Feb. 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.
enX Group Total Assets Related Terms
Thank you for viewing the detailed overview of enX Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
enX Group Ltd is a diversified industrial group that provides industrial equipment, parts, related components, support services, and petrochemical products to diverse industries in South Africa, Sub-Saharan Africa, and the UK. The company operates through three segments including enX Power, enX Lubricants and enX Chemicals. enX Power involves New Way Power designs, manufacturers, installs, rents and maintains diesel generators and distributes a range of industrial engines. enX Chemicals involves West African International imports, stores and distributes plastics, polymers, rubber and speciality chemicals as well as conveyor belting, steel cord and conveyer belting fabric into Southern Africa. enX Lubricants segment African Group Lubricants produces and markets oil lubricants.
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