IG Group Holdings (IG Group Holdings) Total Assets : $3,454 Mil (As of Nov. 2023)

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What is IG Group Holdings Total Assets?

IG Group Holdings's Total Assets for the quarter that ended in Nov. 2023 was $3,454 Mil.

Warning Sign:

If a company builds assets at 25.7% a year, faster than its revenue growth rate of 10.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, IG Group Holdings's average Total Assets Growth Rate was 5.30% per year. During the past 3 years, the average Total Assets Growth Rate was 42.40% per year. During the past 5 years, the average Total Assets Growth Rate was 25.70% per year.

During the past 13 years, IG Group Holdings's highest 3-Year average Total Assets Growth Rate was 110.50%. The lowest was 1.80%. And the median was 15.70%.

Total Assets is connected with ROA %. IG Group Holdings's annualized ROA % for the quarter that ended in Nov. 2023 was 9.18%. Total Assets is also linked to Revenue through Asset Turnover. IG Group Holdings's Asset Turnover for the quarter that ended in Nov. 2023 was 0.14.

IG Group Holdings Total Assets Historical Data

The historical data trend for IG Group 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.

* Premium members only.

IG Group Holdings Total Assets Chart

IG Group Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Assets

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1,442.93

1,598.65

2,433.94

3,888.18

3,739.33

IG Group Holdings Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Assets	Get a 7-Day Free Trial															3,765.55	3,888.18	3,460.73	3,739.33	3,453.98

IG Group 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.

IG Group Holdings's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets	=	Total Equity (A: May. 2023 )	+	Total Liabilities (A: May. 2023 )
	=	2515.106	+	1224.22
	=	3,739

IG Group Holdings's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	2315.299	+	1138.682
	=	3,454

IG Group Holdings (OTCPK:IGGRF) Total Assets Explanation

Total Assets is connected with ROA %.

IG Group Holdings's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	330.1	/	( (3739.326	+	3453.98)	/ 2 )
	=	330.1	/	3596.653
	=	9.18 %

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

IG Group Holdings's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	505.473	/	( (3739.326	+	3453.98)	/ 2 )
=	505.473	/	3596.653
=	0.14

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.

IG Group Holdings Total Assets Related Terms

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IG Group Holdings (IG Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IG Group Holdings PLC (OTCPK:IGGRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IGGHY:USA IGGl:UK IGG:UK I5G:Germany

Address

Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA

Website

https://www.iggroup.com

IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.