Big Lots's Total Assets for the quarter that ended in Jan. 2024 was $3,325 Mil.
Warning Sign:
If a company builds assets at 19.5% a year, faster than its revenue growth rate of 10.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Big Lots's average Total Assets Growth Rate was -9.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 19.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.
During the past 13 years, Big Lots's highest 3-Year average Total Assets Growth Rate was 55.80%. The lowest was -10.00%. And the median was 4.50%.
Total Assets is connected with ROA %. Big Lots's annualizedROA % for the quarter that ended in Jan. 2024 was -3.53%. Total Assets is also linked to Revenue through Asset Turnover. Big Lots's Asset Turnover for the quarter that ended in Jan. 2024 was 0.41.
Big Lots Total Assets Historical Data
The historical data trend for Big Lots'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.
Big Lots's Total Assets for the fiscal year that ended in Jan. 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 (Jan. 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.
Big Lots's Asset Turnover for the quarter that ended in Jan. 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.
Big Lots Total Assets Related Terms
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Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
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