Splash Beverage Group's Total Assets for the quarter that ended in Sep. 2024 was $8.36 Mil.
Warning Sign:
If a company builds assets at 113.5% a year, faster than its revenue growth rate of 15.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Splash Beverage Group's average Total Assets Growth Rate was -29.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 113.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 73.10% per year.
During the past 11 years, Splash Beverage Group's highest 3-Year average Total Assets Growth Rate was 241.00%. The lowest was 2.50%. And the median was 32.70%.
Splash Beverage Group Total Assets Historical Data
The historical data trend for Splash Beverage 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.
Splash Beverage Group'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.
Splash Beverage Group (AMEX:SBEV) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Splash Beverage Group's Asset Turnover for the quarter that ended in Sep. 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.
Splash Beverage Group Total Assets Related Terms
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Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. The company's two reportable operating segments are: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the retail sale of beverages and groceries online. The company generates the majority of its revenue from the E-Commerce segment. Qplash is a wholly owned division of Splash. It is the company's first entry point into the e-commerce channel. For beverage-alcohol products, the company operate within what is referred to as a "Three Tier Distribution System" where manufacturers are not permitted to sell directly to retailers, but instead, contract for local and regional distribution with independent distributors.
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