RBC Bearings's Total Assets for the quarter that ended in Dec. 2023 was $4,694 Mil.
Warning Sign:
If a company builds assets at 38.9% a year, faster than its revenue growth rate of 10.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, RBC Bearings's average Total Assets Growth Rate was 0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 56.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 38.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 24.10% per year.
During the past 13 years, RBC Bearings's highest 3-Year average Total Assets Growth Rate was 61.00%. The lowest was 1.80%. And the median was 8.05%.
The historical data trend for RBC Bearings'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.
RBC Bearings's Total Assets for the fiscal year that ended in Mar. 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.
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.
RBC Bearings's Asset Turnover for the quarter that ended in Dec. 2023 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.
RBC Bearings Total Assets Related Terms
Thank you for viewing the detailed overview of RBC Bearings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RBC has been successfully added to your 