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Greystone Logistics's Total Assets for the quarter that ended in Feb. 2024 was $51.52 Mil.
During the past 12 months, Greystone Logistics's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 2.50% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.
During the past 13 years, Greystone Logistics's highest 3-Year average Total Assets Growth Rate was 61.00%. The lowest was -16.80%. And the median was 5.50%.
Total Assets is connected with ROA %. Greystone Logistics's annualized ROA % for the quarter that ended in Feb. 2024 was 2.34%. Total Assets is also linked to Revenue through Asset Turnover. Greystone Logistics's Asset Turnover for the quarter that ended in Feb. 2024 was 0.27.
The historical data trend for Greystone Logistics'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.
Greystone Logistics Annual Data | |||||||||||||||||||||
Trend | May14 | May15 | May16 | May17 | May18 | May19 | May20 | May21 | May22 | May23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 43.17 | 46.46 | 43.73 | 45.75 | 49.53 |
Greystone Logistics Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Total Assets | Get a 7-Day Free Trial | 45.46 | 49.53 | 50.58 | 50.47 | 51.52 |
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.
Greystone Logistics's Total Assets for the fiscal year that ended in May. 2023 is calculated as
Total Assets | = | Total Equity (A: May. 2023 ) | + | Total Liabilities (A: May. 2023 ) |
= | 19.54 | + | 29.99 | |
= | 49.53 |
Greystone Logistics's Total Assets for the quarter that ended in Feb. 2024 is calculated as
Total Assets | = | Total Equity (Q: Feb. 2024 ) | + | Total Liabilities (Q: Feb. 2024 ) |
= | 22.108 | + | 29.411 | |
= | 51.52 |
* 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.
Greystone Logistics (OTCPK:GLGI) Total Assets Explanation
Total Assets is connected with ROA %.
Greystone Logistics's annualized ROA % for the quarter that ended in Feb. 2024 is
ROA % | = | Net Income (Q: Feb. 2024 ) | / | ( (Total Assets (Q: Nov. 2023 ) | + | Total Assets (Q: Feb. 2024 )) | / count ) |
= | 1.192 | / | ( (50.473 | + | 51.519) | / 2 ) | |
= | 1.192 | / | 50.996 | ||||
= | 2.34 % |
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.
Greystone Logistics's Asset Turnover for the quarter that ended in Feb. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Feb. 2024 ) | / | ( (Total Assets (Q: Nov. 2023 ) | + | Total Assets (Q: Feb. 2024 )) | / count ) |
= | 13.98 | / | ( (50.473 | + | 51.519) | / 2 ) |
= | 13.98 | / | 50.996 | |||
= | 0.27 |
* 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.
Thank you for viewing the detailed overview of Greystone Logistics's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Drew T. Lockard | director | 4436 POTOMAC AVENUE, DALLAS TX 75205 |
Warren F Kruger | officer: President | 1613 E. 15TH STREET, TULSA OK 74120 |
Larry J. Lebarre | director | 7518 MIDDLEWOOD, HOUSTON TX 77063 |
William W Rahhal | officer: Chief Financial Officer | 1613 E. 15TH STREET, TULSA OK 74120 |
Paul Kruger | 10 percent owner | 1801 GATEWAY BLVD.,, SUITE 105, RICHARDSON TX 75080 |
Bob L Moore | director, officer: President & CEO | 1613 E 15 ST, TULSA OK 74120 |
Glog Investment Llc | director, 10 percent owner | 1613 E 15 ST, TULSA OK 74120 |
Robert Howard Nelson | officer: CFO & COO | 1613 EAST 15TH STREET, TULSA OK 74120 |
Marshall S Cogan | director | 767 THIRD AVENUE 15TH FLOOR, NEW YORK NY 10017 |
Rosene Robert B Jr | director | 3226 E. 62ND STREET, TULSA OK 74136 |
Westgate Capital Co Llc | 10 percent owner | |
Westgate Investments L P | 10 percent owner | 1613 EAST 15TH STREET, TULSA OK 74120 |
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