Park Aerospace (STU:PKE) Total Assets : €117.82 Mil (As of Nov. 2023)

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What is Park Aerospace Total Assets?

Park Aerospace's Total Assets for the quarter that ended in Nov. 2023 was €117.82 Mil.

During the past 12 months, Park Aerospace's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.90% per year. During the past 5 years, the average Total Assets Growth Rate was 0.50% per year. During the past 10 years, the average Total Assets Growth Rate was -7.70% per year.

During the past 13 years, Park Aerospace's highest 3-Year average Total Assets Growth Rate was 33.80%. The lowest was -23.70%. And the median was -2.05%.

Total Assets is connected with ROA %. Park Aerospace's annualized ROA % for the quarter that ended in Nov. 2023 was 3.77%. Total Assets is also linked to Revenue through Asset Turnover. Park Aerospace's Asset Turnover for the quarter that ended in Nov. 2023 was 0.09.

Park Aerospace Total Assets Historical Data

The historical data trend for Park Aerospace'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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Park Aerospace Total Assets Chart

Park Aerospace Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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157.53

135.22

141.74

148.82

122.65

Park Aerospace Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial															148.82	126.45	117.94	117.82	122.65

Park Aerospace 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.

Park Aerospace's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	108.282	+	40.535
	=	148.82

Park Aerospace's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	103.474	+	14.342
	=	117.82

Park Aerospace (STU:PKE) Total Assets Explanation

Total Assets is connected with ROA %.

Park Aerospace's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	4.448	/	( (117.944	+	117.816)	/ 2 )
	=	4.448	/	117.88
	=	3.77 %

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

Park Aerospace's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	10.754	/	( (117.944	+	117.816)	/ 2 )
=	10.754	/	117.88
=	0.09

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.

Park Aerospace Total Assets Related Terms

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Park Aerospace (STU:PKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Park Aerospace Corp (STU:PKE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PKE:USA PKE:Germany

Address

1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590

Website

https://www.parkaerospace.com

Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.