Lightspeed Commerce's Total Assets for the quarter that ended in Mar. 2024 was C$3,486 Mil.
Warning Sign:
If a company builds assets at 103.2% a year, faster than its revenue growth rate of 29.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lightspeed Commerce's average Total Assets Growth Rate was -1.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 15.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 103.20% per year.
During the past 9 years, Lightspeed Commerce's highest 3-Year average Total Assets Growth Rate was 274.40%. The lowest was 15.40%. And the median was 90.80%.
The historical data trend for Lightspeed Commerce'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.
Lightspeed Commerce's Total Assets for the fiscal year that ended in Mar. 2024 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.
Lightspeed Commerce (LTS:0A8V) 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.
Lightspeed Commerce'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.
Lightspeed Commerce Total Assets Related Terms
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Lightspeed Commerce (LTS:0A8V) Business Description
Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.
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