DoorDash's Total Assets for the quarter that ended in Mar. 2024 was R$57,019 Mil.
Warning Sign:
If a company builds assets at 96.3% a year, faster than its revenue growth rate of 82% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, DoorDash's average Total Assets Growth Rate was 11.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 65.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 96.30% per year.
During the past 6 years, DoorDash's highest 3-Year average Total Assets Growth Rate was 142.90%. The lowest was 65.40%. And the median was 86.50%.
Total Assets is connected with ROA %. DoorDash's annualizedROA % for the quarter that ended in Mar. 2024 was -0.83%. Total Assets is also linked to Revenue through Asset Turnover. DoorDash's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.
DoorDash Total Assets Historical Data
The historical data trend for DoorDash'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.
DoorDash'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.
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.
DoorDash'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.
DoorDash Total Assets Related Terms
Thank you for viewing the detailed overview of DoorDash's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the U.S. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDashprovides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. In 2022, the firm generated $53.4 billion in gross order volume (up 27% year over year) and $6.6 billion in revenue (up 35%).
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