Birks Group (FRA:2BG) Total Assets : €136.6 Mil (As of Sep. 2023)

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What is Birks Group Total Assets?

Birks Group's Total Assets for the quarter that ended in Sep. 2023 was €136.6 Mil.

During the past 12 months, Birks Group's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 10.10% per year. During the past 10 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 13 years, Birks Group's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -19.80%. And the median was -1.85%.

Total Assets is connected with ROA %. Birks Group's annualized ROA % for the quarter that ended in Sep. 2023 was -1.51%. Total Assets is also linked to Revenue through Asset Turnover. Birks Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.45.

Birks Group Total Assets Historical Data

The historical data trend for Birks Group'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.

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Birks Group Total Assets Chart

Birks Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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88.56

136.56

134.79

131.44

134.46

Birks Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															130.76	131.44	141.43	134.46	136.63

Birks Group 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.

Birks Group's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-0.412	+	134.871
	=	134.5

Birks Group's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-1.406	+	138.034
	=	136.6

Birks Group (FRA:2BG) Total Assets Explanation

Total Assets is connected with ROA %.

Birks Group's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-2.052	/	( (134.459	+	136.627)	/ 2 )
	=	-2.052	/	135.543
	=	-1.51 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) 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.

Birks Group's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	60.812	/	( (134.459	+	136.627)	/ 2 )
=	60.812	/	135.543
=	0.45

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.

Birks Group Total Assets Related Terms

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Birks Group (FRA:2BG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Birks Group Inc (FRA:2BG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

BGI:USA 2BG:Germany

Address

2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5

Website

https://www.birks.com

Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.

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