Alto Ingredients's Total Assets for the quarter that ended in Dec. 2023 was $454 Mil.
During the past 12 months, Alto Ingredients's average Total Assets Growth Rate was -4.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.40% per year.
During the past 5 years, the average Total Assets Growth Rate was -7.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.
During the past 13 years, Alto Ingredients's highest 3-Year average Total Assets Growth Rate was 343.60%. The lowest was -28.90%. And the median was 1.50%.
The historical data trend for Alto Ingredients'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.
Alto Ingredients'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.
Alto Ingredients (NAS:ALTO) 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.
Alto Ingredients'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.
Alto Ingredients Total Assets Related Terms
Thank you for viewing the detailed overview of Alto Ingredients's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Alto Ingredients (Alto Ingredients) Business Description
Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ALTO has been successfully added to your 