Bridgford Foods's Total Assets for the quarter that ended in Jan. 2024 was $166.8 Mil.
During the past 12 months, Bridgford Foods's average Total Assets Growth Rate was -1.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.
During the past 13 years, Bridgford Foods's highest 3-Year average Total Assets Growth Rate was 20.90%. The lowest was -9.90%. And the median was 8.50%.
Total Assets is connected with ROA %. Bridgford Foods's annualizedROA % for the quarter that ended in Jan. 2024 was 2.96%. Total Assets is also linked to Revenue through Asset Turnover. Bridgford Foods's Asset Turnover for the quarter that ended in Jan. 2024 was 0.33.
Bridgford Foods Total Assets Historical Data
The historical data trend for Bridgford Foods'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.
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Bridgford Foods Annual Data
Trend
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Total Assets
123.46
155.28
156.79
176.35
167.00
Bridgford Foods Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Total Assets
169.61
-
-
167.00
166.76
Bridgford Foods 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.
Bridgford Foods's Total Assets for the fiscal year that ended in Oct. 2023 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.
Bridgford Foods (NAS:BRID) Total Assets Explanation
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.
Bridgford Foods'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.
Bridgford Foods Total Assets Related Terms
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Bridgford Foods (Bridgford Foods) Business Description
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
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