Puregold Price Club's Total Assets for the quarter that ended in Sep. 2024 was $3,030 Mil.
Warning Sign:
If a company builds assets at 7.3% a year, faster than its revenue growth rate of 6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Puregold Price Club's average Total Assets Growth Rate was 5.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 13 years, Puregold Price Club's highest 3-Year average Total Assets Growth Rate was 47.10%. The lowest was 2.90%. And the median was 11.75%.
The historical data trend for Puregold Price Club'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.
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.
Puregold Price Club's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Puregold Price Club (OTCPK:PGCMF) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Puregold Price Club's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Puregold Price Club Total Assets Related Terms
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Puregold Price Club Inc is involved in the business of trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods) on a wholesale and retail basis. The stores are classified as Hypermarkets, Supermarkets, Extras, Membership Warehouses, Quick-Service Restaurants, and Mini-marts. Hypermarkets offer a wide variety of food and non-food products. Supermarkets offer a higher proportion of food to non-food products. Mini-marts serves as a community store, selling fast-moving essential goods to high-density neighborhoods.
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