Marfrig Global Foods's Total Assets for the quarter that ended in Mar. 2024 was €24,254 Mil.
Warning Sign:
If a company builds assets at 48.3% a year, faster than its revenue growth rate of 34.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Marfrig Global Foods's average Total Assets Growth Rate was -1.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 57.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 48.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 21.50% per year.
During the past 13 years, Marfrig Global Foods's highest 3-Year average Total Assets Growth Rate was 133.70%. The lowest was -11.40%. And the median was 27.00%.
The historical data trend for Marfrig Global Foods'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.
Marfrig Global Foods'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.
Marfrig Global Foods (FRA:MGP1) 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.
Marfrig Global Foods'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.
Marfrig Global Foods Total Assets Related Terms
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Marfrig Global Foods (FRA:MGP1) Business Description
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.
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