OK Zimbabwe's Total Assets for the quarter that ended in Sep. 2024 was ZWG5,040 Mil.
During the past 12 months, OK Zimbabwe's average Total Assets Growth Rate was 24.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 223.20% per year.
During the past 10 years, OK Zimbabwe's highest 3-Year average Total Assets Growth Rate was 46.80%. The lowest was 6.50%. And the median was 11.60%.
The historical data trend for OK Zimbabwe'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.
OK Zimbabwe's Total Assets for the fiscal year that ended in Mar. 2018 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.
OK Zimbabwe (XZIM:OKZ.ZW) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (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.
OK Zimbabwe'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.
OK Zimbabwe Total Assets Related Terms
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OK Zimbabwe Ltd is a customer-oriented retail Group providing comprehensive access to a broad range of merchandise and allied services developed in response to its customers' requirements for convenience and value in Zimbabwe. The company's business covers three categories including groceries, basic clothing and textiles, and houseware products. Its groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit, and vegetable sections. The company trades its product under brand names, including OK Stores, Bon Marche Stores, and OKmart.
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