>
Switch to:

Resources Connection Total Assets

: $514.6 Mil (As of Aug. 2021)
View and export this data going back to 2000. Start your Free Trial

Resources Connection's Total Assets for the quarter that ended in Aug. 2021 was $514.6 Mil.

Warning Sign:

If a company builds asset at 9.1% a year, faster than its revenue growth rate of 5.1% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, Resources Connection's average Total Assets Growth Rate was 9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Resources Connection's highest 3-Year average Total Assets Growth Rate was 107.10%. The lowest was -3.50%. And the median was 7.30%.

Total Assets is connected with ROA %. Resources Connection's annualized ROA % for the quarter that ended in Aug. 2021 was 9.99%. Total Assets is also linked to Revenue through Asset Turnover. Resources Connection's Asset Turnover for the quarter that ended in Aug. 2021 was 0.35.


Resources Connection Total Assets Historical Data

The historical data trend for Resources Connection'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.

Resources Connection Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 364.13 432.67 428.37 529.18 520.64

Resources Connection Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 529.16 511.97 501.60 520.64 514.64

Resources Connection 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.

Resources Connection's Total Assets for the fiscal year that ended in May. 2021 is calculated as

Total Assets=Total Equity (A: May. 2021 )+Total Liabilities (A: May. 2021 )
=329.546+191.098
=520.6

Resources Connection's Total Assets for the quarter that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (Q: Aug. 2021 )+Total Liabilities (Q: Aug. 2021 )
=340.845+173.79
=514.6

* 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.


Resources Connection  (NAS:RGP) Total Assets Explanation

Total Assets is connected with ROA %.

Resources Connection's annualized ROA % for the quarter that ended in Aug. 2021 is

ROA %=Net Income (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=51.692/( (520.644+514.635)/ 2 )
=51.692/517.6395
=9.99 %

Note: The Net Income data used here is four times the quarterly (Aug. 2021) 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.

Resources Connection's Asset Turnover for the quarter that ended in Aug. 2021 is

Asset Turnover
=Revenue (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=183.14/( (520.644+514.635)/ 2 )
=183.14/517.6395
=0.35

* 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.

Resources Connection Total Assets Related Terms

Thank you for viewing the detailed overview of Resources Connection's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Resources Connection Business Description

Resources Connection logo
Industry
Industrials » Business Services NAICS : 561499 SIC : 7389
Traded in Other Exchanges
Address
17101 Armstrong Avenue, Suite 100, Irvine, CA, USA, 92614
Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.
Executives
Duchene Kate W director, officer: President & CEO C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Ryu Jennifer Y officer: CFO 17101 ARMSTRONG AVENUE IRVINE CA 92614
Pisano A Robert director C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Von Maltzan Marco director 17101 ARMSTRONG AVE #100 RGP IRVINE CA 92614
Crawford Susan J director 17101 ARMSTRONG AVE IRVINE CA 92614
Shih Anne director 17101 ARMSTRONG AVENUE IRVINE CA 92614
Wargotz Michael H director AXCESS WORLDWIDE 515 MADISON AVE., 15TH FLOOR NEW YORK NY 10022
Cherbak Anthony director 695 TOWN CENTER DRIVE SUITE 600 COSTA MESA CA 92626
Kistinger Robert F director 17101 ARMSTRONG AVE IRVINE CA 92614
Sykes Jolene director 695 TOWN CENTER DRIVE SUITE 606 COSTA MESA CA 92626
Dimick Neil F director BUILDING 4, TRIDENT PLACE MOSQUITO WAY HATFIELD, HERTFORDSHIRE X0 AL10 9UL
Brackney Timothy L officer: President and COO 12 ANDERSON WAY MENLO PARK CA 94025
Bower John D officer: Chief Accounting Officer C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Murray Donald B director RESOURCES CONNECTION 695 TOWN CTR DR STE 600 COSTA MESA CA 92626
Mueller Herbert M officer: CFO & EVP PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MUELLER HERBERT M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Resources Connection Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)