Equity Group Holdings's Total Assets for the quarter that ended in Jun. 2024 was KES1,746,030 Mil.
Warning Sign:
If a company builds assets at 25.9% a year, faster than its revenue growth rate of 22.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Equity Group Holdings's average Total Assets Growth Rate was -1.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 25.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 25.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 19.40% per year.
During the past 13 years, Equity Group Holdings's highest 3-Year average Total Assets Growth Rate was 34.50%. The lowest was 11.50%. And the median was 22.60%.
Equity Group Holdings Total Assets Historical Data
The historical data trend for Equity Group Holdings'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.
Equity Group Holdings's Total Assets for the fiscal year that ended in Dec. 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.
Equity Group Holdings (NAI:EQTY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 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.
Equity Group Holdings's Asset Turnover for the quarter that ended in Jun. 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.
Equity Group Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Equity Group Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NAI:EQTY has been successfully added to your 