Bankers Investment Trust's Total Assets for the quarter that ended in Oct. 2022 was NZ$2,989.44 Mil.
During the past 12 months, Bankers Investment Trust's average Total Assets Growth Rate was 1.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.30% per year.
During the past 13 years, Bankers Investment Trust's highest 3-Year average Total Assets Growth Rate was 17.60%. The lowest was -6.30%. And the median was 8.85%.
* 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.
Bankers Investment Trust's Total Assets for the fiscal year that ended in Oct. 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.
Bankers Investment Trust (NZSE:BIT) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Oct. 2022) 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.
Bankers Investment Trust's Asset Turnover for the quarter that ended in Oct. 2022 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.
Bankers Investment Trust Total Assets Related Terms
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Bankers Investment Trust (NZSE:BIT) Business Description
Bankers Investment Trust PLC is a UK based investment trust company. The company's investment objective is to achieve capital growth in the excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investment, investment trust, collective funds, and derivatives. Its geographical segments are North America, United Kingdom, Europe(excluding the UK), Japan, China, and Pacific(excluding Japan & China).
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