Smartspace Software (LSE:SMRT) Total Assets : £14.58 Mil (As of Jul. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Smartspace Software Total Assets?

Smartspace Software's Total Assets for the quarter that ended in Jul. 2023 was £14.58 Mil.

During the past 12 months, Smartspace Software's average Total Assets Growth Rate was -17.00% per year. During the past 3 years, the average Total Assets Growth Rate was -9.40% per year. During the past 5 years, the average Total Assets Growth Rate was -12.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.

During the past 13 years, Smartspace Software's highest 3-Year average Total Assets Growth Rate was 262.30%. The lowest was -23.50%. And the median was 0.30%.

Total Assets is connected with ROA %. Smartspace Software's annualized ROA % for the quarter that ended in Jul. 2023 was -5.62%. Total Assets is also linked to Revenue through Asset Turnover. Smartspace Software's Asset Turnover for the quarter that ended in Jul. 2023 was 0.18.

Smartspace Software Total Assets Historical Data

The historical data trend for Smartspace Software'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.

* Premium members only.

Smartspace Software Total Assets Chart

Smartspace Software Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Total Assets

Get a 7-Day Free Trial

27.14

22.35

19.15

17.53

16.59

Smartspace Software Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Total Assets	Get a 7-Day Free Trial															17.71	17.53	17.22	16.59	14.58

Smartspace Software 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.

Smartspace Software's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets	=	Total Equity (A: Jan. 2023 )	+	Total Liabilities (A: Jan. 2023 )
	=	11.641	+	4.945
	=	16.59

Smartspace Software's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2023 )	+	Total Liabilities (Q: Jul. 2023 )
	=	10.443	+	4.14
	=	14.58

Smartspace Software (LSE:SMRT) Total Assets Explanation

Total Assets is connected with ROA %.

Smartspace Software's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %	=	Net Income (Q: Jul. 2023 )	/	( (Total Assets (Q: Jan. 2023 )	+	Total Assets (Q: Jul. 2023 ))	/ count )
	=	-0.876	/	( (16.586	+	14.583)	/ 2 )
	=	-0.876	/	15.5845
	=	-5.62 %

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

Smartspace Software's Asset Turnover for the quarter that ended in Jul. 2023 is

	Asset Turnover
=	Revenue (Q: Jul. 2023 )	/	( (Total Assets (Q: Jan. 2023 )	+	Total Assets (Q: Jul. 2023 ))	/ count )
=	2.741	/	( (16.586	+	14.583)	/ 2 )
=	2.741	/	15.5845
=	0.18

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.

Smartspace Software Total Assets Related Terms

Thank you for viewing the detailed overview of Smartspace Software's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Smartspace Software (LSE:SMRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartspace Software PLC (LSE:SMRT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DZV2:Germany DZV2:Germany

Address

4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL

Website

https://www.smartspaceplc.com

Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.