Albertsons's Total Assets for the quarter that ended in Feb. 2024 was $26,221 Mil.
During the past 12 months, Albertsons's average Total Assets Growth Rate was 1.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.
During the past 12 years, Albertsons's highest 3-Year average Total Assets Growth Rate was 35.50%. The lowest was -5.10%. And the median was 2.25%.
Total Assets is connected with ROA %. Albertsons's annualizedROA % for the quarter that ended in Feb. 2024 was 3.80%. Total Assets is also linked to Revenue through Asset Turnover. Albertsons's Asset Turnover for the quarter that ended in Feb. 2024 was 0.70.
Albertsons Total Assets Historical Data
The historical data trend for Albertsons'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.
Albertsons's Total Assets for the fiscal year that ended in Feb. 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.
Note:
The Net Income data used here is four times the quarterly (Feb. 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.
Albertsons's Asset Turnover for the quarter that ended in Feb. 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.
Albertsons Total Assets Related Terms
Thank you for viewing the detailed overview of Albertsons's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
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