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Natural Alternatives International's Total Assets for the quarter that ended in Dec. 2023 was $155.7 Mil.
Warning Sign:
If a company builds assets at 15.8% a year, faster than its revenue growth rate of 9.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Natural Alternatives International's average Total Assets Growth Rate was 8.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 15.80% per year. During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.
During the past 13 years, Natural Alternatives International's highest 3-Year average Total Assets Growth Rate was 46.60%. The lowest was -19.30%. And the median was 11.75%.
Total Assets is connected with ROA %. Natural Alternatives International's annualized ROA % for the quarter that ended in Dec. 2023 was -7.77%. Total Assets is also linked to Revenue through Asset Turnover. Natural Alternatives International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.
The historical data trend for Natural Alternatives International'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.
Natural Alternatives International Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 93.49 | 120.20 | 120.28 | 146.00 | 134.15 |
Natural Alternatives International Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Assets | Get a 7-Day Free Trial | 140.58 | 143.93 | 134.15 | 160.25 | 155.73 |
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.
Natural Alternatives International's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
Total Assets | = | Total Equity (A: Jun. 2023 ) | + | Total Liabilities (A: Jun. 2023 ) |
= | 88.772 | + | 45.38 | |
= | 134.2 |
Natural Alternatives International's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 85.455 | + | 70.278 | |
= | 155.7 |
* 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.
Natural Alternatives International (NAS:NAII) Total Assets Explanation
Total Assets is connected with ROA %.
Natural Alternatives International's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | -12.28 | / | ( (160.252 | + | 155.733) | / 2 ) | |
= | -12.28 | / | 157.9925 | ||||
= | -7.77 % |
Note: The Net Income data used here is four times the quarterly (Dec. 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.
Natural Alternatives International's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 25.202 | / | ( (160.252 | + | 155.733) | / 2 ) |
= | 25.202 | / | 157.9925 | |||
= | 0.16 |
* 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.
Thank you for viewing the detailed overview of Natural Alternatives International's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark A Ledoux | director, 10 percent owner, officer: CEO/Chairman | 1185 LINDA VISTA DR, SAN MARCOS CA 92069 |
Joe E Davis | director | 3436 CARIBETH DR, ENCINO CA 91436 |
Lee G Weldon | director | 1185 LINDA VISTA DRIVE, SAN MARCAS CA 92069 |
Alan G Dunn | director | 1185 LINDA VISTA DR., SUITE A, SAN MARCOS X1 92078 |
Michael E Fortin | officer: Chief Financial Officer | 1185 LINDA VISTA DRIVE, SAN MARCOS CA 92078 |
Kenneth Wolf | officer: Chief Financial Officer | 12626 HIGH BLUFF DRIVE, SUITE 440, SAN DIEGO CA 92130 |
Alan J Lane | director | 41090 AVENIDA VERDE, TEMECULA CA 92591 |
Guru Ramanathan | director | C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222 |
Laura Kay Matherly | director | 1535 FARADAY AVENUE, CARLSBAD CA 92008 |
Edward Borg | 10 percent owner | 600 SOUTH US HIGHWAY 1, APT. 609, JUPITER FL 33477 |
Alvin Mccurdy | officer: V.P. of Operations | 1185 LINDA VISTA DR., SUITE A, SAN MARCOS CA 92078 |
Carl J Terranova | other: Member of 13(d) 10% group | 159 CHRYSTIE ST, NEW YORK NY 10002 |
Thomas H Hansen | 10 percent owner | |
John Dullea | officer: President, RHL (Subsidiary) | 12189 CAMINITO CORRIENTE, SAN DIEGO CA 92128 |
Randell Weaver | officer: President |
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