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ITT Educational Services's Total Assets for the quarter that ended in Jun. 2016 was $584.9 Mil.
Total Assets is connected with ROA %. ITT Educational Services's annualized ROA % for the quarter that ended in Jun. 2016 was 2.86%. Total Assets is also linked to Revenue through Asset Turnover. ITT Educational Services's Asset Turnover for the quarter that ended in Jun. 2016 was 0.29.
The historical data trend for ITT Educational Services'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.
ITT Educational Services Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 728.82 | 675.20 | 806.85 | 752.84 | 664.01 |
ITT Educational Services Quarterly Data | ||||||||||||||||||||
Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | |
Total Assets | Get a 7-Day Free Trial | 711.30 | 728.47 | 664.01 | 622.39 | 584.88 |
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.
ITT Educational Services's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as
Total Assets | = | Total Equity (A: Dec. 2015 ) | + | Total Liabilities (A: Dec. 2015 ) |
= | 161.136 | + | 502.878 | |
= | 664.0 |
ITT Educational Services's Total Assets for the quarter that ended in Jun. 2016 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2016 ) | + | Total Liabilities (Q: Jun. 2016 ) |
= | 165.044 | + | 419.831 | |
= | 584.9 |
* 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.
ITT Educational Services (OTCPK:ESINQ) Total Assets Explanation
Total Assets is connected with ROA %.
ITT Educational Services's annualized ROA % for the quarter that ended in Jun. 2016 is
ROA % | = | Net Income (Q: Jun. 2016 ) | / | ( (Total Assets (Q: Mar. 2016 ) | + | Total Assets (Q: Jun. 2016 )) | / count ) |
= | 17.24 | / | ( (622.391 | + | 584.875) | / 2 ) | |
= | 17.24 | / | 603.633 | ||||
= | 2.86 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2016) 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.
ITT Educational Services's Asset Turnover for the quarter that ended in Jun. 2016 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2016 ) | / | ( (Total Assets (Q: Mar. 2016 ) | + | Total Assets (Q: Jun. 2016 )) | / count ) |
= | 176.324 | / | ( (622.391 | + | 584.875) | / 2 ) |
= | 176.324 | / | 603.633 | |||
= | 0.29 |
* 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.
Thank you for viewing the detailed overview of ITT Educational Services's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Tarasi Rocco F Iii | officer: EVP, Chief Financial Officer | C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032 |
June M Mccormack | officer: EVP & President Online Div | 13000 NORTH MERIDIAN STREET, CARMEL IN 46032 |
Brown C David Ii | director | 3000 GALLERIA TOWER, STE 1000, BIRMINGHAM AL 35244 |
Thomas I Morgan | director | 30541 CARNEY CREEK ROAD, BIGFORK MT 59911 |
Joanna T Lau | director | 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742 |
Ryan L Roney | officer: EVP,Chief Admin&Legal Officer | 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Richard C Blum & Associates Inc | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Capital Partners Lp | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Strategic Gp Iii, L.l.c. | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Strategic Gp Iv, L.l.c. | 10 percent owner | 909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Saddlepoint Partners Gp, L.l.c. | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Jeffrey R Cooper | officer: SVP, Chief Compliance Officer | 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173 |
Blum Strategic Gp Ii Llc | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Rand V Araskog | director | -, 125 WORTH AVENUE, SUITE 300, PALM BEACH FL 33480 |
Richard C Blum | 10 percent owner | BLUM CAPITAL PARTNERS, LP, 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
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