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FA (First Advantage) Total Assets : $3,922.9 Mil (As of Dec. 2024)


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What is First Advantage Total Assets?

First Advantage's Total Assets for the quarter that ended in Dec. 2024 was $3,922.9 Mil.

During the past 12 months, First Advantage's average Total Assets Growth Rate was 165.00% per year. During the past 3 years, the average Total Assets Growth Rate was 33.10% per year. During the past 5 years, the average Total Assets Growth Rate was 33.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.40% per year.

During the past 13 years, First Advantage's highest 3-Year average Total Assets Growth Rate was 177.30%. The lowest was -24.10%. And the median was 33.10%.

Total Assets is connected with ROA %. First Advantage's annualized ROA % for the quarter that ended in Dec. 2024 was -14.39%. Total Assets is also linked to Revenue through Asset Turnover. First Advantage's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.


First Advantage Total Assets Historical Data

The historical data trend for First Advantage'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.

First Advantage Total Assets Chart

First Advantage Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,763.69 1,886.58 1,885.83 1,630.65 3,922.89

First Advantage Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,630.65 1,631.91 1,635.95 1,657.13 3,922.89

First Advantage 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.

First Advantage's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1307.039+2615.854
=3,922.9

First Advantage's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1307.039+2615.854
=3,922.9

* 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.


First Advantage  (NAS:FA) Total Assets Explanation

Total Assets is connected with ROA %.

First Advantage's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-401.464/( (1657.134+3922.893)/ 2 )
=-401.464/2790.0135
=-14.39 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

First Advantage's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=307.124/( (1657.134+3922.893)/ 2 )
=307.124/2790.0135
=0.11

* 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.

First Advantage Total Assets Related Terms

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First Advantage Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway NE, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a provider of employment background screening and verification solutions. Its reportable segments are First Advantage Americas, First Advantage International, and Sterling. Maximum revenue is generated from the First Advantage Americas segment, which performs various background checks and compliance services across all phases of the workforce lifecycle, from pre-onboarding services to post-onboarding and ongoing monitoring services, covering employees, contractors, contingent workers, tenants, and drivers. The company delivers solutions across multiple industry verticals in the United States, Canada, and Latin America. Geographically, it derives key revenue from the United States.
Executives
Steven Irwin Marks officer: Chief Accounting Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bret T Jardine officer: See Remarks 100 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Joseph K. Jaeger officer: President, Americas C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062
Silver Lake Group, L.l.c. director, 10 percent owner 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joelle M Smith officer: See Remarks C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Bridgett R Price director C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
Slta V (gp), L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Scott Staples director, officer: Chief Executive Officer C/O FIRST ADVANTAGE CORPORATION, 1 CONCOURSE PARKWAY NE, SUITE 200, ATLANTA GA 30328
David L Gamsey officer: EVP & Chief Financial Officer
Slp Fastball Aggregator, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Aggregator Gp, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Bianca Stoica director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Joseph Osnoss director C/O SILVER LAKE EUROPE LLP, BROADBENT HOUSE, 65 GROSVENOR STREET, LONDON X0 W1K 3JH