Bank Asia's Total Assets for the quarter that ended in Mar. 2024 was BDT496,763 Mil.
During the past 12 months, Bank Asia's average Total Assets Growth Rate was 10.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.00% per year.
During the past 12 years, Bank Asia's highest 3-Year average Total Assets Growth Rate was 15.50%. The lowest was 6.00%. And the median was 11.30%.
Total Assets is connected with ROA %. Bank Asia's annualizedROA % for the quarter that ended in Mar. 2024 was 0.64%. Total Assets is also linked to Revenue through Asset Turnover. Bank Asia's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.
Bank Asia Total Assets Historical Data
The historical data trend for Bank Asia'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.
Bank Asia'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.
Bank Asia'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.
Bank Asia Total Assets Related Terms
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Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.
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