Blink Charging Co's Total Assets for the quarter that ended in Mar. 2024 was $404.5 Mil.
Warning Sign:
If a company builds assets at 187.8% a year, faster than its revenue growth rate of 91.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Blink Charging Co's average Total Assets Growth Rate was -7.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 197.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 187.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 50.10% per year.
During the past 13 years, Blink Charging Co's highest 3-Year average Total Assets Growth Rate was 307.40%. The lowest was -50.40%. And the median was 68.70%.
The historical data trend for Blink Charging Co'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.
Blink Charging Co'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.
Blink Charging Co (NAS:BLNK) Total Assets Explanation
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.
Blink Charging Co's Asset Turnover for the quarter that ended in Mar. 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.
Blink Charging Co Total Assets Related Terms
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Blink Charging Co (Blink Charging Co) Business Description
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. The company's business is the sale and distribution of electric vehicle charging equipment and its associated revenues earned from customers and/or Property Partners who use equipment connected to its network.
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