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The Aarons Co (The Aarons Co) Total Assets : $1,827 Mil (As of Dec. 2023)


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What is The Aarons Co Total Assets?

The Aarons Co's Total Assets for the quarter that ended in Dec. 2023 was $1,827 Mil.

During the past 12 months, The Aarons Co's average Total Assets Growth Rate was -3.50% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 7 years, The Aarons Co's highest 3-Year average Total Assets Growth Rate was 11.40%. The lowest was -4.30%. And the median was -1.10%.

Total Assets is connected with ROA %. The Aarons Co's annualized ROA % for the quarter that ended in Dec. 2023 was -2.73%. Total Assets is also linked to Revenue through Asset Turnover. The Aarons Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.29.


The Aarons Co Total Assets Historical Data

The historical data trend for The Aarons Co'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.

* Premium members only.

The Aarons Co Total Assets Chart

The Aarons Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,940.33 1,353.46 1,441.27 1,858.46 1,826.58

The Aarons Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,858.46 1,826.10 1,819.22 1,789.92 1,826.58

The Aarons Co Total Assets Calculation

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.

The Aarons Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=686.138+1140.438
=1,827

The Aarons Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=686.138+1140.438
=1,827

* 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.


The Aarons Co  (NYSE:AAN) Total Assets Explanation

Total Assets is connected with ROA %.

The Aarons Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-49.42/( (1789.923+1826.576)/ 2 )
=-49.42/1808.2495
=-2.73 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

The Aarons Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=529.479/( (1789.923+1826.576)/ 2 )
=529.479/1808.2495
=0.29

* 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.

The Aarons Co Total Assets Related Terms

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The Aarons Co (The Aarons Co) Business Description

Traded in Other Exchanges
N/A
Address
400 Galleria Parkway SE, Suite 300, Atlanta, GA, USA, 30339-3182
The Aarons Co Inc is a specialty retailer which has developed a unique lease-to-own model. It serves the customers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and other accessories at the best deal with the highest quality products. Aaron's services are available through multiple channels to approximately 40-50 % of the U.S. population. The Company conducts its operations through two primary operating business segments: Aaron's Business and BrandsMart.
Executives
Rachel G George officer: EVP, Gen Counsel/Corp Sec 400 GALLERIA PKWY SE, SUITE 300, ATLANTA GA 30339
Stephen W Olsen officer: President 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Douglas A Lindsay director, officer: Chief Executive Officer 309 E. PACES FERRY ROAD, ATLANTA GA 30305
Wangdali Bacdayan director 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Douglass L Noe officer: VP, Corporate Controller 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Kristine Kay Malkoski director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Russell Falkenstein officer: EVP, COO, Lease-to-Own 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
John W Robinson director 309 E PACES FERRY RD, SUITE 1100, ATLANTA GA 30505
Harris Hubert L. Jr. director 309 E. PACES FERRY ROAD, ATLANTA GA 30305
Marvonia P Moore director 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Timothy A Johnson director
Laura N Bailey director 400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Sinclair Robert P Jr officer: Corporate Controller and CAO 309 E. PACES FERRY RD N.E., ATLANTA GA 30305-2377
Aaron's Holdings Company, Inc. 10 percent owner 256 W. DATA DRIVE, DRAPER UT 84020