Eastside Distilling's Total Assets for the quarter that ended in Mar. 2024 was $17.02 Mil.
During the past 12 months, Eastside Distilling's average Total Assets Growth Rate was -16.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -17.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.40% per year.
During the past 13 years, Eastside Distilling's highest 3-Year average Total Assets Growth Rate was 626.60%. The lowest was -17.90%. And the median was 88.40%.
The historical data trend for Eastside Distilling'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.
Eastside Distilling's Total Assets for the fiscal year that ended in Dec. 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.
Eastside Distilling (NAS:EAST) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Eastside Distilling's Asset Turnover for the quarter that ended in Mar. 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.
Eastside Distilling Total Assets Related Terms
Thank you for viewing the detailed overview of Eastside Distilling's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastside Distilling (Eastside Distilling) Business Description
Eastside Distilling Inc is a producer and marketer of Craft Canning + Printing and spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a two segment of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes, Digital Can Printing, Co-packing Facility and Mobile Canning. The company distributes its products in 33 states of the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EAST has been successfully added to your 