Lululemon Athletica's Total Assets for the quarter that ended in Jan. 2024 was R$34,880 Mil.
Warning Sign:
If a company builds assets at 30.4% a year, faster than its revenue growth rate of 26.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lululemon Athletica's average Total Assets Growth Rate was 8.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 30.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 27.10% per year.
During the past 13 years, Lululemon Athletica's highest 3-Year average Total Assets Growth Rate was 209.90%. The lowest was 14.00%. And the median was 28.10%.
The historical data trend for Lululemon Athletica'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.
Lululemon Athletica's Total Assets for the fiscal year that ended in Jan. 2024 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.
Lululemon Athletica (BSP:L1UL34) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 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.
Lululemon Athletica's Asset Turnover for the quarter that ended in Jan. 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.
Lululemon Athletica Total Assets Related Terms
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Lululemon Athletica (BSP:L1UL34) Business Description
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
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