If a company builds assets at 52.2% a year, faster than its revenue growth rate of 36.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Banco Nacional de Credito CA's average Total Assets Growth Rate was 44.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 80.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 52.20% per year.
During the past 11 years, Banco Nacional de Credito CA's highest 3-Year average Total Assets Growth Rate was 80.30%. The lowest was -93.80%. And the median was 16.50%.
* 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.
Banco Nacional de Credito CA 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.
Banco Nacional de Credito CA (CAR:BNC) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2022) 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.
Banco Nacional de Credito CA's Asset Turnover for the quarter that ended in Dec. 2022 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.
Banco Nacional de Credito CA Total Assets Related Terms
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Banco Nacional de Credito CA (CAR:BNC) Business Description
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.
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