Resources Connection's Total Assets for the quarter that ended in Feb. 2024 was $523.2 Mil.
During the past 12 months, Resources Connection's average Total Assets Growth Rate was -4.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 13 years, Resources Connection's highest 3-Year average Total Assets Growth Rate was 107.10%. The lowest was -3.50%. And the median was 7.30%.
The historical data trend for Resources Connection'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.
Resources Connection's Total Assets for the fiscal year that ended in May. 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.
Resources Connection (NAS:RGP) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Feb. 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.
Resources Connection's Asset Turnover for the quarter that ended in Feb. 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.
Resources Connection Total Assets Related Terms
Thank you for viewing the detailed overview of Resources Connection's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Resources Connection (Resources Connection) Business Description
Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Other segments. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RGP has been successfully added to your 