WAG Payment Solutions's Total Assets for the quarter that ended in Dec. 2023 was £986 Mil.
Warning Sign:
If a company builds assets at 31.7% a year, faster than its revenue growth rate of 18.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, WAG Payment Solutions's average Total Assets Growth Rate was 24.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 32.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 31.70% per year.
During the past 6 years, WAG Payment Solutions's highest 3-Year average Total Assets Growth Rate was 38.20%. The lowest was 24.60%. And the median was 32.50%.
WAG Payment Solutions Total Assets Historical Data
The historical data trend for WAG Payment Solutions'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.
WAG Payment Solutions'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.
WAG Payment Solutions (LSE:WPS) Total Assets Explanation
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.
WAG Payment Solutions's Asset Turnover for the quarter that ended in Dec. 2023 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.
WAG Payment Solutions Total Assets Related Terms
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WAG Payment Solutions (LSE:WPS) Business Description
WAG Payment Solutions PLC, formerly Eurowag is a pan-European integrated payment & mobility platform focused on the commercial road transport industry. The group's business involves the provision of services to the CRT industry which are focused on two primary segments: Payment solutions, comprising energy payments through pre-pay or post-pay fuel cards and toll payments; and Mobility solutions, comprising tax refund services; telematics; smart routing apps; and other adjacent services.
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