Burlington Stores's Total Assets for the quarter that ended in Jan. 2024 was $7,707 Mil.
Warning Sign:
If a company builds assets at 14.9% a year, faster than its revenue growth rate of 9.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Burlington Stores's average Total Assets Growth Rate was 6.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.90% per year.
During the past 13 years, Burlington Stores's highest 3-Year average Total Assets Growth Rate was 27.70%. The lowest was 0.10%. And the median was 6.20%.
Total Assets is connected with ROA %. Burlington Stores's annualizedROA % for the quarter that ended in Jan. 2024 was 11.97%. Total Assets is also linked to Revenue through Asset Turnover. Burlington Stores's Asset Turnover for the quarter that ended in Jan. 2024 was 0.41.
Burlington Stores Total Assets Historical Data
The historical data trend for Burlington Stores'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.
Burlington Stores's Total Assets for the fiscal year that ended in Jan. 2024 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.
Burlington Stores (NYSE:BURL) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 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.
Burlington Stores's Asset Turnover for the quarter that ended in Jan. 2024 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.
Burlington Stores Total Assets Related Terms
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Burlington Stores (Burlington Stores) Business Description
The third-largest American dedicated off-price apparel and home fashion retail firm, with 927 stores as of the end of fiscal 2022, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday-low-price approach that undercuts conventional retailers' regular prices by up to 60%. The company focuses on providing a treasure-hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2022, 24% of sales came from accessories and footwear, 22% from women's ready-to-wear apparel, 21% from home décor, 17% from menswear, 12% from youth apparel and baby, and 4% from outerwear. All sales come from the United States.
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