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Citi Trends (STU:WW2) Total Assets : €467.2 Mil (As of Jul. 2024)


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What is Citi Trends Total Assets?

Citi Trends's Total Assets for the quarter that ended in Jul. 2024 was €467.2 Mil.

During the past 12 months, Citi Trends's average Total Assets Growth Rate was -2.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 10.80% per year. During the past 10 years, the average Total Assets Growth Rate was 8.50% per year.

During the past 13 years, Citi Trends's highest 3-Year average Total Assets Growth Rate was 44.50%. The lowest was -5.70%. And the median was 12.05%.

Total Assets is connected with ROA %. Citi Trends's annualized ROA % for the quarter that ended in Jul. 2024 was -14.79%. Total Assets is also linked to Revenue through Asset Turnover. Citi Trends's Asset Turnover for the quarter that ended in Jul. 2024 was 0.35.

Citi Trends Total Assets Historical Data

The historical data trend for Citi Trends'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.

Citi Trends Total Assets Chart

Citi Trends Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 413.69 406.06 419.04 505.07 476.19

Citi Trends Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 481.28 476.19 451.18 467.21 428.78

Citi Trends 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.

Citi Trends's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=144.774+331.412
=476.2

Citi Trends's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=125.936+341.27
=467.2

* 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.

Citi Trends  (STU:WW2) Total Assets Explanation

Total Assets is connected with ROA %.

Citi Trends's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-67.908/( (451.183+467.206)/ 2 )
=-67.908/459.1945
=-14.79 %

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

Citi Trends's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=162.781/( (451.183+467.206)/ 2 )
=162.781/459.1945
=0.35

* 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.

Citi Trends Total Assets Related Terms

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Citi Trends Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citi Trends Inc (STU:WW2) » Definitions » Total Assets
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Traded in Other Exchanges
CTRN:USA WW2:Germany
Address
104 Coleman Boulevard, Savannah, GA, USA, 31408
Website
https://www.cititrends.com
Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books and toys.

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