Alpha Pro Tech's Total Assets for the quarter that ended in Dec. 2023 was $68.76 Mil.
Warning Sign:
If a company builds assets at 13.2% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Alpha Pro Tech's average Total Assets Growth Rate was -0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 13 years, Alpha Pro Tech's highest 3-Year average Total Assets Growth Rate was 27.90%. The lowest was -9.40%. And the median was 6.10%.
Total Assets is connected with ROA %. Alpha Pro Tech's annualizedROA % for the quarter that ended in Dec. 2023 was 6.36%. Total Assets is also linked to Revenue through Asset Turnover. Alpha Pro Tech's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.
Alpha Pro Tech Total Assets Historical Data
The historical data trend for Alpha Pro Tech'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.
Alpha Pro Tech'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.
Alpha Pro Tech (AMEX:APT) 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.
Alpha Pro Tech'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.
Alpha Pro Tech Total Assets Related Terms
Thank you for viewing the detailed overview of Alpha Pro Tech's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Alpha Pro Tech (Alpha Pro Tech) Business Description
Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply and Disposable Protective Apparel. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
APT has been successfully added to your 