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Bright Horizons Family Solutions (FRA:BHA) Total Assets : €3,488 Mil (As of Mar. 2024)


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What is Bright Horizons Family Solutions Total Assets?

Bright Horizons Family Solutions's Total Assets for the quarter that ended in Mar. 2024 was €3,488 Mil.

Warning Sign:

If a company builds assets at 7.4% a year, faster than its revenue growth rate of 4.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Bright Horizons Family Solutions's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.40% per year. During the past 10 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 13 years, Bright Horizons Family Solutions's highest 3-Year average Total Assets Growth Rate was 63.00%. The lowest was 4.20%. And the median was 11.90%.

Total Assets is connected with ROA %. Bright Horizons Family Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 1.77%. Total Assets is also linked to Revenue through Asset Turnover. Bright Horizons Family Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.


Bright Horizons Family Solutions Total Assets Historical Data

The historical data trend for Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions Total Assets Chart

Bright Horizons Family Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,997.38 3,063.31 3,221.44 3,586.13 3,572.76

Bright Horizons Family Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 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 3,554.20 3,528.97 3,562.84 3,572.76 3,488.09

Bright Horizons Family Solutions 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.

Bright Horizons Family Solutions's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1112.024+2460.74
=3,573

Bright Horizons Family Solutions's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1130.927+2357.163
=3,488

* 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.


Bright Horizons Family Solutions  (FRA:BHA) Total Assets Explanation

Total Assets is connected with ROA %.

Bright Horizons Family Solutions's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=62.52/( (3572.764+3488.091)/ 2 )
=62.52/3530.4275
=1.77 %

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

Bright Horizons Family Solutions's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=572.892/( (3572.764+3488.091)/ 2 )
=572.892/3530.4275
=0.16

* 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.

Bright Horizons Family Solutions Total Assets Related Terms

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Bright Horizons Family Solutions (FRA:BHA) Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Bright Horizons Family Solutions (FRA:BHA) Headlines

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