Concurrent Technologies (LSE:CNC) Total Assets : £47.83 Mil (As of Dec. 2023)

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What is Concurrent Technologies Total Assets?

Concurrent Technologies's Total Assets for the quarter that ended in Dec. 2023 was £47.83 Mil.

Warning Sign:

If a company builds assets at 16.8% a year, faster than its revenue growth rate of 7.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Concurrent Technologies's average Total Assets Growth Rate was 30.50% per year. During the past 3 years, the average Total Assets Growth Rate was 31.10% per year. During the past 5 years, the average Total Assets Growth Rate was 16.80% per year. During the past 10 years, the average Total Assets Growth Rate was 9.80% per year.

During the past 13 years, Concurrent Technologies's highest 3-Year average Total Assets Growth Rate was 40.60%. The lowest was -12.30%. And the median was 9.00%.

Total Assets is connected with ROA %. Concurrent Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was 13.55%. Total Assets is also linked to Revenue through Asset Turnover. Concurrent Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.48.

Concurrent Technologies Total Assets Historical Data

The historical data trend for Concurrent Technologies'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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Concurrent Technologies Total Assets Chart

Concurrent Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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28.34

28.05

29.78

32.65

47.83

Concurrent Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															29.78	34.30	32.65	33.18	47.83

Concurrent Technologies 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.

Concurrent Technologies's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	35.036	+	12.789
	=	47.83

Concurrent Technologies's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	35.036	+	12.789
	=	47.83

Concurrent Technologies (LSE:CNC) Total Assets Explanation

Total Assets is connected with ROA %.

Concurrent Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	5.49	/	( (33.182	+	47.826)	/ 2 )
	=	5.49	/	40.504
	=	13.55 %

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

Concurrent Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	19.517	/	( (33.182	+	47.826)	/ 2 )
=	19.517	/	40.504
=	0.48

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.

Concurrent Technologies Total Assets Related Terms

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Concurrent Technologies (LSE:CNC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Concurrent Technologies PLC (LSE:CNC) » Definitions » Total Assets

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FJV:Germany

Address

4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN

Website

https://www.gocct.com

Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks, all of which are commonly used as standards in embedded applications.