Liquidity Services's Total Assets for the quarter that ended in Dec. 2023 was $278.4 Mil.
Warning Sign:
If a company builds assets at 9.6% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Liquidity Services's average Total Assets Growth Rate was -9.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.60% per year.
During the past 10 years, the average Total Assets Growth Rate was -6.00% per year.
During the past 13 years, Liquidity Services's highest 3-Year average Total Assets Growth Rate was 107.60%. The lowest was -31.10%. And the median was 12.30%.
The historical data trend for Liquidity Services'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.
Liquidity Services's Total Assets for the fiscal year that ended in Sep. 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.
Liquidity Services (NAS:LQDT) 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.
Liquidity Services'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.
Liquidity Services Total Assets Related Terms
Thank you for viewing the detailed overview of Liquidity Services's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Liquidity Services (Liquidity Services) Business Description
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LQDT has been successfully added to your 