LL Flooring Holdings's Total Assets for the quarter that ended in Dec. 2023 was $535.6 Mil.
During the past 12 months, LL Flooring Holdings's average Total Assets Growth Rate was -12.70% 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 2.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.
During the past 13 years, LL Flooring Holdings's highest 3-Year average Total Assets Growth Rate was 60.40%. The lowest was -6.20%. And the median was 16.70%.
Total Assets is connected with ROA %. LL Flooring Holdings's annualizedROA % for the quarter that ended in Dec. 2023 was -13.00%. Total Assets is also linked to Revenue through Asset Turnover. LL Flooring Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.38.
LL Flooring Holdings Total Assets Historical Data
The historical data trend for LL Flooring Holdings'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.
LL Flooring Holdings's Total Assets for the fiscal year that ended in Dec. 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.
LL Flooring Holdings (NYSE:LL) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
LL Flooring Holdings's Asset Turnover for the quarter that ended in Dec. 2023 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.
LL Flooring Holdings Total Assets Related Terms
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LL Flooring Holdings (LL Flooring Holdings) Business Description
LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm primarily operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives most of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It primarily targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
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