If a company builds assets at 52.2% a year, faster than its revenue growth rate of 29% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Pet Center Comercio E Participacoes's average Total Assets Growth Rate was 2.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 36.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 52.20% per year.
During the past 7 years, Pet Center Comercio E Participacoes's highest 3-Year average Total Assets Growth Rate was 84.90%. The lowest was 36.40%. And the median was 54.00%.
* 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.
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Pet Center Comercio E Participacoes Total Assets Chart
Pet Center Comercio E Participacoes 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.
* 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.
Pet Center Comercio E Participacoes (BSP:PETZ3) 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.
Pet Center Comercio E Participacoes'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.
Pet Center Comercio E Participacoes Total Assets Related Terms
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Pet Center Comercio E Participacoes (BSP:PETZ3) Business Description
Pet Center Comercio E Participacoes SA operates an online pet store. The store offers pet food, sanitary care products, pet toys, pet clothing, blankets and pillows, carrying bags, trolleys, bathing products, stool collector, and other related products. Also, the company provides medicines for pets.
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