Cloudflare (STU:8CF) Total Assets : €2,578 Mil (As of Mar. 2024)

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What is Cloudflare Total Assets?

Cloudflare's Total Assets for the quarter that ended in Mar. 2024 was €2,578 Mil.

Warning Sign:

If a company builds assets at 55.8% a year, faster than its revenue growth rate of 12.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Cloudflare's average Total Assets Growth Rate was 14.00% per year. During the past 3 years, the average Total Assets Growth Rate was 46.10% per year. During the past 5 years, the average Total Assets Growth Rate was 55.80% per year.

During the past 8 years, Cloudflare's highest 3-Year average Total Assets Growth Rate was 69.10%. The lowest was 46.10%. And the median was 57.95%.

Total Assets is connected with ROA %. Cloudflare's annualized ROA % for the quarter that ended in Mar. 2024 was -5.12%. Total Assets is also linked to Revenue through Asset Turnover. Cloudflare's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Cloudflare Total Assets Historical Data

The historical data trend for Cloudflare'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.

Cloudflare Total Assets Chart

Cloudflare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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747.74

1,134.90

2,099.28

2,442.99

2,530.71

Cloudflare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															2,491.51	2,338.15	2,426.75	2,530.71	2,577.50

Cloudflare 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.

Cloudflare'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 )
	=	699.714	+	1830.992
	=	2,531

Cloudflare's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	733.446	+	1844.054
	=	2,578

Cloudflare (STU:8CF) Total Assets Explanation

Total Assets is connected with ROA %.

Cloudflare's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-130.8	/	( (2530.706	+	2577.5)	/ 2 )
	=	-130.8	/	2554.103
	=	-5.12 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Cloudflare's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	348.314	/	( (2530.706	+	2577.5)	/ 2 )
=	348.314	/	2554.103
=	0.14

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.

Cloudflare Total Assets Related Terms

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Cloudflare (STU:8CF) Business Description

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Address

101 Townsend Street, San Francisco, CA, USA, 94107

Website

https://www.cloudflare.com

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

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