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FirstCash Holdings (FirstCash Holdings) Total Assets : $4,290 Mil (As of Dec. 2023)


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What is FirstCash Holdings Total Assets?

FirstCash Holdings's Total Assets for the quarter that ended in Dec. 2023 was $4,290 Mil.

Warning Sign:

If a company builds assets at 16.8% a year, faster than its revenue growth rate of 11.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, FirstCash Holdings's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 21.80% per year. During the past 5 years, the average Total Assets Growth Rate was 16.80% per year. During the past 10 years, the average Total Assets Growth Rate was 22.60% per year.

During the past 13 years, FirstCash Holdings's highest 3-Year average Total Assets Growth Rate was 119.70%. The lowest was -0.30%. And the median was 22.00%.

Total Assets is connected with ROA %. FirstCash Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 6.58%. Total Assets is also linked to Revenue through Asset Turnover. FirstCash Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.


FirstCash Holdings Total Assets Historical Data

The historical data trend for FirstCash 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.

* Premium members only.

FirstCash Holdings Total Assets Chart

FirstCash Holdings 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 2,439.44 2,372.20 3,836.45 3,904.87 4,289.92

FirstCash Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,904.87 3,869.30 3,959.56 4,174.56 4,289.92

FirstCash Holdings 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.

FirstCash Holdings'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 )
=1996.418+2293.497
=4,290

FirstCash Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1996.418+2293.497
=4,290

* 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.


FirstCash Holdings  (NAS:FCFS) Total Assets Explanation

Total Assets is connected with ROA %.

FirstCash Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=278.356/( (4174.563+4289.915)/ 2 )
=278.356/4232.239
=6.58 %

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.

FirstCash Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=852.134/( (4174.563+4289.915)/ 2 )
=852.134/4232.239
=0.20

* 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.

FirstCash Holdings Total Assets Related Terms

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FirstCash Holdings (FirstCash Holdings) Business Description

Traded in Other Exchanges
Address
1600 West 7th Street, Fort Worth, TX, USA, 76102
FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores. Revenue is split almost equally between loans made in the United States, where the company has more than 300 retail locations, and loans made in Latin America, where the company has over 700 locations in Mexico and several more in Guatemala.
Executives
R Douglas Orr officer: EVP & Chief Financial Officer 1600 WEST 7TH STREET, FORT WORTH TX 76102
Douglas Richard Rippel director, 10 percent owner 8425 MYSTIC LAKES, MAIZE KS 67101
Randel G Owen director C/O EMERGENCY MEDICAL SERVICES CORP, 6200 SOUTH SYRACUSE WAY, GREENWOOD VILLAGE CO 80111
Howard F Hambleton officer: AFF President 1660 WEST 7TH ST., FORT WORTH TX 76102
Raul Ramos officer: SVP Latin American Operations 1600 WEST 7TH STREET, FORT WORTH TX 76102
James H Graves director ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205
Marthea Davis director 1600 WEST 7TH ST., FORT WORTH TX 76102
Douglas R. Rippel Revocable Trust 10 percent owner 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205
Aff Services, Inc. 10 percent owner 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205
Paula K Garrett director 1600 WEST 7TH ST, FORT WORTH TX 76102
Mikel D Faulkner director 180 STATE STREET 200, SOUTHLAKE TX 76092
Daniel R Feehan director CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102
Thomas Brent Stuart officer: President and COO 1600 W. 7TH STREET, FORT WORTH TX 76102
Anna M Alvarado officer: General Counsel 1600 WEST 7TH STREET, FORT WORTH TX 76102
Daniel E Berce director 801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102

FirstCash Holdings (FirstCash Holdings) Headlines

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