THBD (Third Bench) Total Assets: $6.12 Mil (As of May. 2024)


What is Third Bench Total Assets?

Third Bench THBD Total Assets is $6.12 Mil as of May. 2024.

Third Bench's Total Assets for the quarter that ended in May. 2024 was $6.12 Mil.

Total Assets is connected with ROA %. Third Bench's annualized ROA % for the quarter that ended in May. 2024 was -92.79%. Total Assets is also linked to Revenue through Asset Turnover. Third Bench's Asset Turnover for the quarter that ended in May. 2024 was 0.46.

Third Bench  (OTCPK:THBD) Total Assets Explanation

Total Assets is connected with ROA %.

Third Bench's annualized ROA % for the quarter that ended in May. 2024 is

ROA %=Net Income (Q: May. 2024 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: May. 2024 ))/ count )
=-6.78/( (8.495+6.119)/ 2 )
=-6.78/7.307
=-92.79 %

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

Third Bench's Asset Turnover for the quarter that ended in May. 2024 is

Asset Turnover
=Revenue (Q: May. 2024 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: May. 2024 ))/ count )
=3.334/( (8.495+6.119)/ 2 )
=3.334/7.307
=0.46

* 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.

Third Bench Total Assets Related Terms

Third Bench Total Assets Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Total Assets Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.02 0.08 0.00 0.01 0.00

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.01 0.00 0.00 8.50 6.12

Third Bench 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.

Third Bench's Total Assets for the fiscal year that ended in Aug. 2015 is calculated as

Total Assets=Total Equity (A: Aug. 2015 )+Total Liabilities (A: Aug. 2015 )
=-1.221+1.222
=0.00

Third Bench's Total Assets for the quarter that ended in May. 2024 is calculated as

Total Assets=Total Equity (Q: May. 2024 )+Total Liabilities (Q: May. 2024 )
=-11.726+17.845
=6.12

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $6.12 Mil mean?
Third Bench (THBD) has a Total Assets of $6.12 Mil as of May. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Third Bench and its competitors.
Is Third Bench's Total Assets too high?
Third Bench's current Total Assets is $6.12 Mil.
How does Third Bench's Total Assets compare to SGI and SN?
Third Bench's Total Assets of $6.12 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Furnishings, Fixtures & Appliances company?
A good Total Assets depends on the Furnishings, Fixtures & Appliances industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Third Bench and its competitors. Third Bench's current Total Assets is $6.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Total Assets of $6.12 Mil. The current Total Assets is $6.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Third Bench (THBD), the current Total Assets is $6.12 Mil as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.