The Asset Growth Rate shows how quickly a company has been growing its Assets. It is calculated as a percentage change in Assets over a given period. This is measured on a TTM basis.
This measures total assets growth - it is used by James Montier as a criterion for a short screen since it may suggest uncontrolled or managed capital expenditure.
The higher the growth the rate the better, though the figure should not be viewed in isolation.
An increasing Asset value due to, say, excessive borrowing would not be considered beneficial for Shareholders.
As this equation only considers the Asset side of the Balance Sheet, it does not take into account any corresponding change in Liabilities.
| Ticker | Name | Asset Growth | StockRank™ |
|---|---|---|---|
| LON:CYK | Cykel AI | -99.79 | 18 |
| LON:ACG | ACG Acquisition | -98.75 | 6 |
| LON:LBE | Longboat Energy | -79.73 | 21 |
| LON:SYME | Supply@Me Capital | -73.83 | 1 |
| LON:PINE | Pinewood Technologies | -70.06 | 77 |