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Express, (Express,) Total Assets

: $1,468 Mil (As of Oct. 2023)
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Express,'s Total Assets for the quarter that ended in Oct. 2023 was $1,468 Mil.

During the past 12 months, Express,'s average Total Assets Growth Rate was 19.80% per year. During the past 3 years, the average Total Assets Growth Rate was -5.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 5.80% per year.

During the past 13 years, Express,'s highest 3-Year average Total Assets Growth Rate was 17.40%. The lowest was -5.60%. And the median was 6.30%.

Total Assets is connected with ROA %. Express,'s annualized ROA % for the quarter that ended in Oct. 2023 was -10.09%. Total Assets is also linked to Revenue through Asset Turnover. Express,'s Asset Turnover for the quarter that ended in Oct. 2023 was 0.31.


Express, Total Assets Historical Data

The historical data trend for Express,'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.

Express, Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,086.63 1,790.74 1,458.46 1,259.45 1,398.33

Express, Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 1,220.97 1,398.33 1,353.70 1,452.03 1,467.76

Express, 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.

Express,'s Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets=Total Equity (A: Jan. 2023 )+Total Liabilities (A: Jan. 2023 )
=307.569+1090.756
=1,398

Express,'s Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=147.955+1319.803
=1,468

* 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.


Express,  (OTCPK:EXPR) Total Assets Explanation

Total Assets is connected with ROA %.

Express,'s annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-147.244/( (1452.033+1467.758)/ 2 )
=-147.244/1459.8955
=-10.09 %

Note: The Net Income data used here is four times the quarterly (Oct. 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.

Express,'s Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=454.063/( (1452.033+1467.758)/ 2 )
=454.063/1459.8955
=0.31

* 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.

Express, Total Assets Related Terms

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Express, (Express,) Business Description

Traded in Other Exchanges
N/A
Address
1 Express Drive, Columbus, OH, USA, 43230
Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.
Executives
Stewart Glendinning director, officer: Chief Executive Officer 1 EXPRESS DRIVE, COLUMBUS OH 43230
Yehuda Shmidman director C/O ICONIX BRAND GROUP, INC., 1450 BROADWAY, 4TH FLOOR, NEW YORK NY 10018
Satish Mehta director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Jason N Judd officer: SVP, CFO and Treasurer 50 N THIRD ST, NEWARK OH 43055
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Antonio Lucio director C/O EXPRESS INC., 1 EXPRESS DRIVE, COLUMBUS OH 43230
Laurel Krueger officer: Chief Legal Officer & Corp Sec ONE EXPRESS DRIVE, COLUMBUS OH 43230
Periclis Pericleous officer: SVP, CFO and Treasurer 1 EXPRESS DR., COLUMBUS OH 43230
Matthew C Moellering officer: EVP, CAO,CFO, Treasurer & Sec. C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Malissa Akay officer: EVP, Chief Merch. Officer 1 EXPRESS DR., COLUMBUS OH 43230
Sara Tervo officer: EVP, Chief Marketing Officer 1 EXPRESS DR., COLUMBUS OH 43230
Timothy G Baxter director, officer: Chief Executive Officer C/O EXPRESS, INC., 1 EXPRESS DR., COLUMBUS OH 43230
Contrarius Investment Management Ltd 10 percent owner 2 BOND STREET, ST. HELIER Y9 JE2 3NP
Contrarius Investment Management (bermuda) Ltd 10 percent owner VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON D0 HM 10
James A Hilt officer: EVP, CMO, and ECommerce 1 EXPRESS DRIVE, COLUMBUS OH 43230