Carrols Restaurant Group's Total Assets for the quarter that ended in Dec. 2023 was $1,592 Mil.
During the past 12 months, Carrols Restaurant Group's average Total Assets Growth Rate was -2.60% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 22.00% per year.
During the past 13 years, Carrols Restaurant Group's highest 3-Year average Total Assets Growth Rate was 53.00%. The lowest was -10.90%. And the median was -1.90%.
Total Assets is connected with ROA %. Carrols Restaurant Group's annualizedROA % for the quarter that ended in Dec. 2023 was 1.33%. Total Assets is also linked to Revenue through Asset Turnover. Carrols Restaurant Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.29.
Carrols Restaurant Group Total Assets Historical Data
The historical data trend for Carrols Restaurant Group'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.
Carrols Restaurant Group's Total Assets for the fiscal year that ended in Dec. 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.
Carrols Restaurant Group (NAS:TAST) Total Assets Explanation
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.
Carrols Restaurant Group's Asset Turnover for the quarter that ended in Dec. 2023 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.
Carrols Restaurant Group Total Assets Related Terms
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Carrols Restaurant Group (Carrols Restaurant Group) Business Description
Carrols Restaurant Group Inc is a restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.
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