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Compass Diversified Holdings (FRA:5CX) Total Assets : €3,556 Mil (As of Mar. 2024)


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What is Compass Diversified Holdings Total Assets?

Compass Diversified Holdings's Total Assets for the quarter that ended in Mar. 2024 was €3,556 Mil.

Warning Sign:

If a company builds assets at 13% a year, faster than its revenue growth rate of 6.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Compass Diversified Holdings's average Total Assets Growth Rate was 2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 9.90% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was 12.80% per year.

During the past 13 years, Compass Diversified Holdings's highest 3-Year average Total Assets Growth Rate was 544.80%. The lowest was -1.40%. And the median was 11.70%.

Total Assets is connected with ROA %. Compass Diversified Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -0.17%. Total Assets is also linked to Revenue through Asset Turnover. Compass Diversified Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.


Compass Diversified Holdings Total Assets Historical Data

The historical data trend for Compass Diversified Holdings'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.

* Premium members only.

Compass Diversified Holdings Total Assets Chart

Compass Diversified Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,702.70 2,135.98 2,782.67 3,634.05 3,500.17

Compass Diversified Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,509.90 3,503.43 3,570.73 3,500.17 3,555.83

Compass Diversified Holdings 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.

Compass Diversified Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1393.272+2106.899
=3,500

Compass Diversified Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1374.674+2181.153
=3,556

* 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.


Compass Diversified Holdings  (FRA:5CX) Total Assets Explanation

Total Assets is connected with ROA %.

Compass Diversified Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-6.064/( (3500.172+3555.827)/ 2 )
=-6.064/3527.9995
=-0.17 %

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.

Compass Diversified Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=482.347/( (3500.172+3555.827)/ 2 )
=482.347/3527.9995
=0.14

* 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.

Compass Diversified Holdings Total Assets Related Terms

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Compass Diversified Holdings (FRA:5CX) Business Description

Address
301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.

Compass Diversified Holdings (FRA:5CX) Headlines

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