Spotless Group Holdings's Total Assets for the quarter that ended in Jun. 2019 was $1,344.86 Mil.
During the past 12 months, Spotless Group Holdings's average Total Assets Growth Rate was 2.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -5.80% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.
During the past 7 years, Spotless Group Holdings's highest 3-Year average Total Assets Growth Rate was 8.80%. The lowest was -5.80%. And the median was -0.60%.
* 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.
Spotless Group Holdings's Total Assets for the fiscal year that ended in Jun. 2019 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.
Spotless Group Holdings (OTCPK:SPTGY) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jun. 2019) 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.
Spotless Group Holdings's Asset Turnover for the quarter that ended in Jun. 2019 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.
Spotless Group Holdings Total Assets Related Terms
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Spotless Group Holdings (Spotless Group Holdings) Business Description
Spotless Group Holdings Ltd is a provider of outsourced facility services and laundry and linen facilities in Australia and New Zealand. The largest Australian and New Zealand competitors to Spotless Group are Compass Group, Serco, ISS, and Transfield Services. They also provide technical and engineering services, maintenance and asset management services and refrigeration solutions to various industries.
Spotless Group Holdings (Spotless Group Holdings) Headlines
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