Premium Brands Holdings (TSX:PBH) Total Assets : C$5,158 Mil (As of Dec. 2023)

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What is Premium Brands Holdings Total Assets?

Premium Brands Holdings's Total Assets for the quarter that ended in Dec. 2023 was C$5,158 Mil.

Warning Sign:

If a company builds assets at 17.7% a year, faster than its revenue growth rate of 8.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Premium Brands Holdings's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 17.30% per year. During the past 5 years, the average Total Assets Growth Rate was 17.70% per year. During the past 10 years, the average Total Assets Growth Rate was 26.30% per year.

During the past 13 years, Premium Brands Holdings's highest 3-Year average Total Assets Growth Rate was 51.40%. The lowest was -13.10%. And the median was 20.40%.

Total Assets is connected with ROA %. Premium Brands Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 1.16%. Total Assets is also linked to Revenue through Asset Turnover. Premium Brands Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

Premium Brands Holdings Total Assets Historical Data

The historical data trend for Premium Brands 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.

Premium Brands Holdings Total Assets Chart

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,937.10

3,540.30

4,408.90

5,078.60

5,158.10

Premium Brands 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															5,078.60	5,133.50	5,185.80	5,206.00	5,158.10

Premium Brands 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.

Premium Brands 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 )
	=	1766.5	+	3391.6
	=	5,158

Premium Brands 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 )
	=	1766.5	+	3391.6
	=	5,158

Premium Brands Holdings (TSX:PBH) Total Assets Explanation

Total Assets is connected with ROA %.

Premium Brands 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 )
	=	60	/	( (5206	+	5158.1)	/ 2 )
	=	60	/	5182.05
	=	1.16 %

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.

Premium Brands 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 )
=	1554.7	/	( (5206	+	5158.1)	/ 2 )
=	1554.7	/	5182.05
=	0.30

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.

Premium Brands Holdings Total Assets Related Terms

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Premium Brands Holdings (TSX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (TSX:PBH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PRBZF:USA

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.