Taylor Devices's Total Assets for the quarter that ended in Feb. 2024 was $54.79 Mil.
During the past 12 months, Taylor Devices's average Total Assets Growth Rate was -3.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -5.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 0.70% per year.
During the past 13 years, Taylor Devices's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was -12.00%. And the median was 7.70%.
Total Assets is connected with ROA %. Taylor Devices's annualizedROA % for the quarter that ended in Feb. 2024 was 18.56%. Total Assets is also linked to Revenue through Asset Turnover. Taylor Devices's Asset Turnover for the quarter that ended in Feb. 2024 was 0.21.
Taylor Devices Total Assets Historical Data
The historical data trend for Taylor Devices'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.
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Taylor Devices Annual Data
Trend
May14
May15
May16
May17
May18
May19
May20
May21
May22
May23
Total Assets
41.20
45.08
45.93
49.22
57.88
Taylor Devices Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Total Assets
53.88
57.88
60.27
61.44
54.79
Taylor Devices 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.
Taylor Devices's Total Assets for the fiscal year that ended in May. 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.
Taylor Devices (NAS:TAYD) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Feb. 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.
Taylor Devices's Asset Turnover for the quarter that ended in Feb. 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.
Taylor Devices Total Assets Related Terms
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Taylor Devices (Taylor Devices) Business Description
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
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