Lifetime Brands (FRA:LH1) Total Assets : €573.2 Mil (As of Jun. 2024)

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What is Lifetime Brands Total Assets?

Lifetime Brands's Total Assets for the quarter that ended in Jun. 2024 was €573.2 Mil.

During the past 12 months, Lifetime Brands's average Total Assets Growth Rate was -5.60% per year. During the past 3 years, the average Total Assets Growth Rate was -5.50% per year. During the past 5 years, the average Total Assets Growth Rate was -1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, Lifetime Brands's highest 3-Year average Total Assets Growth Rate was 36.30%. The lowest was -9.30%. And the median was 9.35%.

Total Assets is connected with ROA %. Lifetime Brands's annualized ROA % for the quarter that ended in Jun. 2024 was -11.97%. Total Assets is also linked to Revenue through Asset Turnover. Lifetime Brands's Asset Turnover for the quarter that ended in Jun. 2024 was 0.23.

Lifetime Brands Total Assets Historical Data

The historical data trend for Lifetime Brands'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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Lifetime Brands Total Assets Chart

Lifetime Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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693.02

663.75

733.73

685.24

611.77

Lifetime Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															614.02	648.09	611.77	554.45	573.16

Lifetime Brands 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.

Lifetime Brands's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	211.716	+	400.053
	=	611.8

Lifetime Brands's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	204.199	+	368.961
	=	573.2

Lifetime Brands (FRA:LH1) Total Assets Explanation

Total Assets is connected with ROA %.

Lifetime Brands's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-67.508	/	( (554.453	+	573.16)	/ 2 )
	=	-67.508	/	563.8065
	=	-11.97 %

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

Lifetime Brands's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	131.608	/	( (554.453	+	573.16)	/ 2 )
=	131.608	/	563.8065
=	0.23

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.

Lifetime Brands Total Assets Related Terms

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Lifetime Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifetime Brands Inc (FRA:LH1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LCUT:USA

Address

1000 Stewart Avenue, Garden City, NY, USA, 11530

Website

https://www.lifetimebrands.com

Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.

Lifetime Brands Headlines

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