HG Holdings (OTCPK:STLY) Total Assets

: $51.45 Mil (As of Mar. 2023)

View and export this data going back to 1992. Start your Free Trial

HG Holdings's Total Assets for the quarter that ended in Mar. 2023 was $51.45 Mil.

During the past 12 months, HG Holdings's average Total Assets Growth Rate was 12.20% per year. During the past 3 years, the average Total Assets Growth Rate was 30.40% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year. During the past 10 years, the average Total Assets Growth Rate was -14.90% per year.

During the past 13 years, HG Holdings's highest 3-Year average Total Assets Growth Rate was 49.90%. The lowest was -47.90%. And the median was -3.00%.

Total Assets is connected with ROA %. HG Holdings's annualized ROA % for the quarter that ended in Mar. 2023 was -6.91%. Total Assets is also linked to Revenue through Asset Turnover. HG Holdings's Asset Turnover for the quarter that ended in Mar. 2023 was 0.05.

HG Holdings Total Assets Historical Data

The historical data trend for HG 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.

HG Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

14.09

14.33

27.03

38.87

41.10

HG Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Assets																44.16	37.62	49.69	41.10	51.45

HG 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.

HG Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	33.426	+	7.677
	=	41.10

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

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	32.587	+	18.862
	=	51.45

HG Holdings (OTCPK:STLY) Total Assets Explanation

Total Assets is connected with ROA %.

HG Holdings's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-3.196	/	( (41.103	+	51.449)	/ 2 )
	=	-3.196	/	46.276
	=	-6.91 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

HG Holdings's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	2.197	/	( (41.103	+	51.449)	/ 2 )
=	2.197	/	46.276
=	0.05

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.

HG Holdings Total Assets Related Terms

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

HG Holdings (OTCPK:STLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HG Holdings Inc (OTCPK:STLY) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

2115 East 7th Street, Suite 101, Charlotte, NC, USA, 28204

Website

https://www.hgholdingsinc.net

HG Holdings, Inc, together with its consolidated subsidiaries, operates through its wholly owned subsidiarie. The Company engages in the business of providing title insurance through the subsidiary NCTIC and providing title agency services through the subsidiaries NCTG, TAV, and Omega. Through NCTIC, the Company underwrites land title insurance for owners and mortgagees as the primary insurer. The Company currently only provides title insurance services in the state of Florida.

Executives

Justin Hayles Edenfield	officer: Prin. Accting & Fin. Officer	6265 OLD WATER OAK ROAD, SUITE 204, TALLAHASSEE FL 32312
Peter Mark Sherman	director	4409 MICKLETON ROAD, CHARLOTTE NC 28226
Matthew Hultquist	director	ONE CORPORATE CENTER, RYE NY 10580
Bradley G Garner	officer: CFO and CAO	2115 E. 7TH STREET, SUITE 101, CHARLOTTE NC 28211
Hale Partnership Fund, L.p.	10 percent owner	3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc	10 percent owner	5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Steven A Ii	director, 10 percent owner	5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Matthew Wood Smith	officer: Interim Chief Exec. Officer	200 N. HAMILTON STREET, HIGH POINT NC 27260
Solas Capital Management, Llc	10 percent owner	1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Tucker Golden Frederick	10 percent owner	C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Talanta Investment Group, Llc	director, 10 percent owner	401 N. TRYON STREET, 10TH FLOOR, CHARLOTTE NC 28202
Justyn Rendal Putnam	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Jeffrey Stuart Gilliam	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Ian Dundee Lapey	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Wimmer Anita W Mrs	officer: Vice President - Finance	2115 E. 7TH STREET, SUITE 101, CHARLOTTE NC 28211