Bright Scholar Education Holdings (FRA:BSK0) Total Assets : €569.6 Mil (As of Feb. 2024)

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What is Bright Scholar Education Holdings Total Assets?

Bright Scholar Education Holdings's Total Assets for the quarter that ended in Feb. 2024 was €569.6 Mil.

Warning Sign:

If a company builds assets at 13.3% a year, faster than its revenue growth rate of 12% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Bright Scholar Education Holdings's average Total Assets Growth Rate was -15.20% per year. During the past 3 years, the average Total Assets Growth Rate was -32.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 10 years, Bright Scholar Education Holdings's highest 3-Year average Total Assets Growth Rate was 147.10%. The lowest was -32.20%. And the median was 18.00%.

Total Assets is connected with ROA %. Bright Scholar Education Holdings's annualized ROA % for the quarter that ended in Feb. 2024 was 0.27%. Total Assets is also linked to Revenue through Asset Turnover. Bright Scholar Education Holdings's Asset Turnover for the quarter that ended in Feb. 2024 was 0.12.

Bright Scholar Education Holdings Total Assets Historical Data

The historical data trend for Bright Scholar Education Holdings'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.

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Bright Scholar Education Holdings Total Assets Chart

Bright Scholar Education Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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991.25

1,645.53

1,122.37

718.86

584.40

Bright Scholar Education Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															685.82	657.88	584.40	576.96	569.62

Bright Scholar Education Holdings 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.

Bright Scholar Education Holdings's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	198.826	+	385.575
	=	584.4

Bright Scholar Education Holdings's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	208.099	+	361.517
	=	569.6

Bright Scholar Education Holdings (FRA:BSK0) Total Assets Explanation

Total Assets is connected with ROA %.

Bright Scholar Education Holdings's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	1.528	/	( (576.958	+	569.616)	/ 2 )
	=	1.528	/	573.287
	=	0.27 %

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

Bright Scholar Education Holdings's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	67.197	/	( (576.958	+	569.616)	/ 2 )
=	67.197	/	573.287
=	0.12

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.

Bright Scholar Education Holdings Total Assets Related Terms

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Bright Scholar Education Holdings (FRA:BSK0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (FRA:BSK0) » Definitions » Total Assets

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Traded in Other Exchanges

BEDU:USA

Address

No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.

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