Finsbury Food Group (FRA:GYZ) Total Assets : €305.0 Mil (As of Jun. 2023)

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What is Finsbury Food Group Total Assets?

Finsbury Food Group's Total Assets for the quarter that ended in Jun. 2023 was €305.0 Mil.

During the past 12 months, Finsbury Food Group's average Total Assets Growth Rate was 6.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.10% per year. During the past 5 years, the average Total Assets Growth Rate was 4.20% per year. During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.

During the past 13 years, Finsbury Food Group's highest 3-Year average Total Assets Growth Rate was 254.10%. The lowest was -49.10%. And the median was 7.90%.

Total Assets is connected with ROA %. Finsbury Food Group's annualized ROA % for the quarter that ended in Jun. 2023 was 4.86%. Total Assets is also linked to Revenue through Asset Turnover. Finsbury Food Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.87.

Finsbury Food Group Total Assets Historical Data

The historical data trend for Finsbury Food Group'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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Finsbury Food Group Total Assets Chart

Finsbury Food Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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264.06

244.26

266.50

283.02

304.96

Finsbury Food Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															266.50	272.52	283.02	294.55	304.96

Finsbury Food Group 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.

Finsbury Food Group'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 )
	=	147.503	+	157.452
	=	305.0

Finsbury Food Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	147.503	+	157.452
	=	305.0

Finsbury Food Group (FRA:GYZ) Total Assets Explanation

Total Assets is connected with ROA %.

Finsbury Food Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	14.558	/	( (294.548	+	304.955)	/ 2 )
	=	14.558	/	299.7515
	=	4.86 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Finsbury Food Group's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	259.657	/	( (294.548	+	304.955)	/ 2 )
=	259.657	/	299.7515
=	0.87

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.

Finsbury Food Group Total Assets Related Terms

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Finsbury Food Group (FRA:GYZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Finsbury Food Group PLC (FRA:GYZ) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Maes-y-coed Road, Cardiff, GBR, CF14 4XR

Website

https://www.finsburyfoods.co.uk

Finsbury Food Group PLC is a United Kingdom-based bakery manufacturer. The company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. Its segments include UK bakery and Overseas. most of its revenue is generated from its UK bakery segment. Geographically the company operates in the United Kingdom; Europe; and Rest of the world and it earns most of its revenue from United Kingdom segment. Finsbury Food offers products like rolls, artisan bread, hot cross buns, muffins and morning pastries for both the retail and foodservice sectors.

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