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Christopher & Banks Corp (NYSE:CBK)
Total Assets
$152.3 Mil (As of Oct. 2016)

Christopher & Banks Corp's total assets for the quarter that ended in Oct. 2016 was $152.3 Mil.

During the past 12 months, Christopher & Banks Corp's average Total Assets Growth Rate was -24.70% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year. During the past 5 years, the average Total Assets Growth Rate was -2.50% per year. During the past 10 years, the average Total Assets Growth Rate was -7.00% per year.

During the past 13 years, Christopher & Banks Corp's highest 3-Year average Total Assets Growth Rate was 47.20%. The lowest was -17.80%. And the median was 11.50%.

Total Assets is connected with Return on Assets (ROA). Christopher & Banks Corp's annualized Return on Assets (ROA) for the quarter that ended in Oct. 2016 was 4.59%. Total Assets is also linked to revenue through asset turnover. Christopher & Banks Corp's asset turnover for the quarter that ended in Oct. 2016 was 0.70.


Definition

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.

Christopher & Banks Corp's Total Assets for the fiscal year that ended in Jan. 2016 is calculated as

Total Assets=Total Current Assets+Total Long Term Assets
=Total Current Assets+(Net PPE+Intangibles+Other Long-Term Assets)
=90.641+(59.224+0+1.025)
=150.9

Total Assets=Total Shareholder’s Equity (A: Jan. 2016 )+Total Liabilities (A: Jan. 2016 )
=88.408+62.482
=150.9

Christopher & Banks Corp's Total Assets for the quarter that ended in Oct. 2016 is calculated as

Total Assets=Total Current Assets+Total Long Term Assets
=Total Current Assets+(Net PPE+Intangibles+Other Long-Term Assets)
=94.036+(57.472+0+0.835)
=152.3

Total Assets=Total Shareholder’s Equity (Q: Oct. 2016 )+Total Liabilities (Q: Oct. 2016 )
=88.409+63.934
=152.3

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Total Assets is connected with Return on Assets.

Christopher & Banks Corp's annualized Return on Assets (ROA) for the quarter that ended in Oct. 2016 is

ROA=Net Income (Q: Oct. 2016 )/( (Total Assets (Q: Jul. 2016 )+Total Assets (Q: Oct. 2016 ))/ 2 )
=6.986/( (151.875+152.343)/ 2 )
=6.986/152.109
=4.59 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2016) net income 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.

Christopher & Banks Corp's Asset Turnover for the quarter that ended in Oct. 2016 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Oct. 2016 )/( (Total Assets (Q: Jul. 2016 )+Total Assets (Q: Oct. 2016 ))/ 2 )
=106.668/( (151.875+152.343)/ 2 )
=106.668/152.109
=0.70

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.


Related Terms

Return on Assets, Assets Turnover, Net Income, Revenue, Total Current Assets, Net PPE, Intangibles, Other Long-Term Assets, Total Shareholder’s Equity, Total Liability


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Christopher & Banks Corp Annual Data

Feb07Feb08Feb09Feb10Feb11Jan12Jan13Jan14Jan15Jan16
Total Assets 307.3311.8290.1267.3234.2166.0135.9149.0196.0150.9

Christopher & Banks Corp Semi-Annual Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Total Assets 149.8162.1196.0195.4199.9197.3150.9155.0151.9152.3
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