Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Total Assets : $200.5 Mil (As of Dec. 2023)

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What is Mortgage Advice Bureau (Holdings) Total Assets?

Mortgage Advice Bureau (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was $200.5 Mil.

Warning Sign:

If a company builds assets at 40.4% a year, faster than its revenue growth rate of 12.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mortgage Advice Bureau (Holdings)'s average Total Assets Growth Rate was -4.40% per year. During the past 3 years, the average Total Assets Growth Rate was 45.50% per year. During the past 5 years, the average Total Assets Growth Rate was 40.40% per year. During the past 10 years, the average Total Assets Growth Rate was 31.20% per year.

During the past 13 years, Mortgage Advice Bureau (Holdings)'s highest 3-Year average Total Assets Growth Rate was 76.40%. The lowest was 19.00%. And the median was 30.00%.

Total Assets is connected with ROA %. Mortgage Advice Bureau (Holdings)'s annualized ROA % for the quarter that ended in Dec. 2023 was 8.56%. Total Assets is also linked to Revenue through Asset Turnover. Mortgage Advice Bureau (Holdings)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.74.

Mortgage Advice Bureau (Holdings) Total Assets Historical Data

The historical data trend for Mortgage Advice Bureau (Holdings)'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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Mortgage Advice Bureau (Holdings) Total Assets Chart

Mortgage Advice Bureau (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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76.97

92.77

109.42

206.81

200.48

Mortgage Advice Bureau (Holdings) 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															109.42	151.16	206.81	215.97	200.48

Mortgage Advice Bureau (Holdings) 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.

Mortgage Advice Bureau (Holdings)'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 )
	=	94.189	+	106.289
	=	200.5

Mortgage Advice Bureau (Holdings)'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 )
	=	94.189	+	106.289
	=	200.5

Mortgage Advice Bureau (Holdings) (OTCPK:MABHF) Total Assets Explanation

Total Assets is connected with ROA %.

Mortgage Advice Bureau (Holdings)'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 )
	=	17.832	/	( (215.971	+	200.477)	/ 2 )
	=	17.832	/	208.224
	=	8.56 %

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.

Mortgage Advice Bureau (Holdings)'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 )
=	154.415	/	( (215.971	+	200.477)	/ 2 )
=	154.415	/	208.224
=	0.74

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.

Mortgage Advice Bureau (Holdings) Total Assets Related Terms

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Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mortgage Advice Bureau (Holdings) PLC (OTCPK:MABHF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MAB1:UK

Address

Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR

Website

https://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Headlines

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