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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) Total Assets : MXN156,249 Mil (As of Dec. 2023)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Total Assets?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Total Assets for the quarter that ended in Dec. 2023 was MXN156,249 Mil.

During the past 12 months, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's average Total Assets Growth Rate was 87.80% per year. During the past 3 years, the average Total Assets Growth Rate was 18.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year.

During the past 10 years, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's highest 3-Year average Total Assets Growth Rate was 24.70%. The lowest was -0.90%. And the median was 0.60%.

Total Assets is connected with ROA %. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized ROA % for the quarter that ended in Dec. 2023 was 0.80%. Total Assets is also linked to Revenue through Asset Turnover. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Total Assets Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Total Assets Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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 86,278.00 97,741.00 96,454.00 84,431.00 156,249.00

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 86,278.00 97,741.00 96,454.00 84,431.00 156,249.00

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 )
=8660+147589
=156,249

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=8660+147589
=156,249

* 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (MEX:FMTY14) Total Assets Explanation

Total Assets is connected with ROA %.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=965/( (84431+156249)/ 2 )
=965/120340
=0.80 %

Note: The Net Income data used here is one times the annual (Dec. 2023) 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=7279/( (84431+156249)/ 2 )
=7279/120340
=0.06

* 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Total Assets Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) » Definitions » Total Assets
Comparable Companies
MEX:R A MEX:BBAJIOO MEX:FPLUS16 SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB TFC PNC SHSE:601166 BSP:ITUB3 SHSE:600000 ISX:BBCA XPAR:BNP LBSI SAU:1120 SZSE:000001 SGX:D05 SHSE:600016
Traded in Other Exchanges
FVIA16:Mexico FHIPO14:Mexico
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Website
https://www.invextarjetas.com.mx
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Headlines

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