Ascom Leasing & Investments Ltd

Ascom Leasing & Investments shows mixed performance in financial growth. While it has demonstrated substantial historical sales growth, recent figures reveal a slowdown. The compounded sales growth over 10 years is 91%, but it decelerates to 5% over 5 years and a mere 1% over the past 3 years. TTM sales growth is 5%. The company's profit growth mirrors this trend, with compounded profit growth at 2% over 5 years and 2% over the last 3 years, and a TTM of 3%. The annual sales growth % shows volatility, ranging from a high of 4750% in Mar 2016 to a low of -2.41% in Mar 2023. Despite these fluctuations, the operating profit margin remains robust, hovering around 58.51% as of March 2025. The consistency of earnings is somewhat volatile, as evidenced by the wide range in sales growth percentages.

Ascom Leasing & Investments demonstrates reasonable capital efficiency and returns. The Return on Capital Employed (ROCE) has generally decreased over the years but remains at a respectable level. The ROCE% was 43.00% in Mar 2018, decreasing to 14.37% in Mar 2025. Similarly, the Return on Equity (ROE) shows a declining trend but remains positive. The 10-year ROE is 16%, the 5-year ROE is 13%, and the last-year ROE is 11%. The cash conversion cycle has fluctuated, with significant values in earlier years followed by a decrease, but has recently increased again to 114.42 days in Mar 2025. The asset turnover, inferred from Sales / Total Assets, indicates how efficiently the company uses its assets to generate revenue. Overall, while there's a historical trend of decreasing returns, the current levels suggest adequate capital efficiency.

Ascom Leasing & Investments exhibits a mixed profile in terms of financial health and prudence. The company's debt management shows fluctuations in borrowings. Total borrowings increased significantly from 0.00 in Mar 2014 to 10.34 in Mar 2019, then decreased to 7.22 in Mar 2025. The debt-to-equity ratio can be inferred from the borrowings and equity capital figures. The interest coverage ratio, while not directly provided, can be assessed from the operating profit and interest expenses. The operating profit has been consistently higher than the interest expenses, indicating that the company can comfortably cover its interest obligations. The dividend payout has been consistently at 0.00%, suggesting that the company is reinvesting its profits rather than distributing them as dividends.

The strategic and operational indicators for Ascom Leasing & Investments present a mixed view. Analysis of the company’s business diversification and incubation efforts is limited due to lack of detailed information. Working capital management, assessed through Debtor Days, Inventory Days, and Payables, indicates some inefficiencies. Debtor Days have fluctuated significantly, with a high of 2,223.87 in Mar 2016 and a recent value of 114.42 in Mar 2025. The Cash Conversion Cycle mirrors this trend, with a high of 2,223.87 days in Mar 2016 and 114.42 days in Mar 2025. Fixed asset management, evaluated through Gross Block, CWIP, and Depreciation, suggests that the company's asset investments are relatively stable. The company's Working Capital Days have been increasing, reaching 169.22 days in Mar 2025.

There is no specific data available on off-balance sheet exposure for Ascom Leasing & Investments. The absence of identified off-balance sheet exposures suggests a conservative approach to financial structuring.

There is no specific data available on contingent liabilities for Ascom Leasing & Investments. The lack of identified contingent liabilities suggests a lower risk profile related to potential legal or financial obligations.

There is no specific data available to clearly identify accounting quality red flags for Ascom Leasing & Investments.

Segment performance volatility is evident in the fluctuating sales growth figures. The annual sales growth % shows significant variation, ranging from a high of 4,750.00% in Mar 2016 to a low of -2.41% in Mar 2023. This indicates inconsistent performance across different periods, suggesting potential variability in segment contributions. The quarterly sales figures also reflect this volatility, with fluctuations in sales revenue and profit margins.