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Fred's (STU:FR1A) Total Assets : €423 Mil (As of Apr. 2019)


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What is Fred's Total Assets?

Fred's's Total Assets for the quarter that ended in Apr. 2019 was €423 Mil.

Total Assets is connected with ROA %. Fred's's annualized ROA % for the quarter that ended in Apr. 2019 was -30.95%. Total Assets is also linked to Revenue through Asset Turnover. Fred's's Asset Turnover for the quarter that ended in Apr. 2019 was 0.73.


Fred's Total Assets Historical Data

The historical data trend for Fred's'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.

Fred's Total Assets Chart

Fred's Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 556.62 672.80 657.44 490.00 358.31

Fred's Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Apr20
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 429.48 416.80 358.31 422.55 40.89

Fred's 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.

Fred's's Total Assets for the fiscal year that ended in Jan. 2019 is calculated as

Total Assets=Total Equity (A: Jan. 2019 )+Total Liabilities (A: Jan. 2019 )
=144.947+213.359
=358

Fred's's Total Assets for the quarter that ended in Apr. 2019 is calculated as

Total Assets=Total Equity (Q: Apr. 2019 )+Total Liabilities (Q: Apr. 2019 )
=84.2+338.349
=423

* 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.


Fred's  (STU:FR1A) Total Assets Explanation

Total Assets is connected with ROA %.

Fred's's annualized ROA % for the quarter that ended in Apr. 2019 is

ROA %=Net Income (Q: Apr. 2019 )/( (Total Assets (Q: Jan. 2019 )+Total Assets (Q: Apr. 2019 ))/ count )
=-120.828/( (358.306+422.549)/ 2 )
=-120.828/390.4275
=-30.95 %

Note: The Net Income data used here is four times the quarterly (Apr. 2019) 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.

Fred's's Asset Turnover for the quarter that ended in Apr. 2019 is

Asset Turnover
=Revenue (Q: Apr. 2019 )/( (Total Assets (Q: Jan. 2019 )+Total Assets (Q: Apr. 2019 ))/ count )
=283.866/( (358.306+422.549)/ 2 )
=283.866/390.4275
=0.73

* 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.

Fred's Total Assets Related Terms

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Fred's (STU:FR1A) Business Description

Traded in Other Exchanges
N/A
Address
4300 New Getwell Road, Memphis, TN, USA, 38118
Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

Fred's (STU:FR1A) Headlines

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