CONNQ (Conn's) Total Assets: $2,444 Mil (As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Total Assets?

Conn's CONNQ 16 Total Assets is $2,444 Mil as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Conn's's Total Assets for the quarter that ended in Jan. 2024 was $2,444 Mil.

Total Assets is connected with ROA %. Conn's's annualized ROA % for the quarter that ended in Jan. 2024 was 8.31%. Total Assets is also linked to Revenue through Asset Turnover. Conn's's Asset Turnover for the quarter that ended in Jan. 2024 was 0.18.


Conn's  (OTCPK:CONNQ) Total Assets Explanation

Total Assets is connected with ROA %.

Conn's's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=173.204/( (1726.392+2444.042)/ 2 )
=173.204/2085.217
=8.31 %

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.

Conn's's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=366.077/( (1726.392+2444.042)/ 2 )
=366.077/2085.217
=0.18

* 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.

Conn's Total Assets Related Terms


Conn's Total Assets Historical Data

* Premium members only.

The historical data trend for Conn's'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.

Conn's Total Assets Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,168.77 1,755.08 1,754.47 1,716.22 2,444.04

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,716.22 1,676.11 1,702.20 1,726.39 2,444.04
CONNQ
16GF Score
Conn's Inc CONNQ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's 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.

Conn's's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=435.252+2008.79
=2,444

Conn's's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=435.252+2008.79
=2,444

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2,444 Mil mean?
Conn's (CONNQ) has a Total Assets of $2,444 Mil as of Jan. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Conn's and its competitors.
Is Conn's' Total Assets too high?
Conn's' current Total Assets is $2,444 Mil. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Total Assets compare to ZKGCF and ORLY?
Conn's' Total Assets of $2,444 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Retail - Cyclical company?
A good Total Assets depends on the Retail - Cyclical industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Conn's and its competitors. Conn's's current Total Assets is $2,444 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Total Assets of $2,444 Mil. The current Total Assets is $2,444 Mil. Conn's' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Conn's (CONNQ), the current Total Assets is $2,444 Mil as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

Get the complete analysis for CONNQ

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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