Nerdy's Total Assets for the quarter that ended in Mar. 2024 was $121.3 Mil.
During the past 12 months, Nerdy's average Total Assets Growth Rate was 26.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 21.20% per year.
During the past 6 years, Nerdy's highest 3-Year average Total Assets Growth Rate was 21.20%. The lowest was 7.50%. And the median was 14.35%.
Total Assets is connected with ROA %. Nerdy's annualizedROA % for the quarter that ended in Mar. 2024 was -24.21%. Total Assets is also linked to Revenue through Asset Turnover. Nerdy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.44.
Nerdy Total Assets Historical Data
The historical data trend for Nerdy'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.
Nerdy'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.
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.
Nerdy'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.
Nerdy Total Assets Related Terms
Thank you for viewing the detailed overview of Nerdy's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NRDY has been successfully added to your 