discoverIE Group (AQSE:DSCV.GB) Total Assets : £648.7 Mil (As of Sep. 2024)

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What is discoverIE Group Total Assets?

discoverIE Group's Total Assets for the quarter that ended in Sep. 2024 was £648.7 Mil.

During the past 12 months, discoverIE Group's average Total Assets Growth Rate was -6.30% per year. During the past 3 years, the average Total Assets Growth Rate was 11.80% per year. During the past 5 years, the average Total Assets Growth Rate was 11.80% per year. During the past 10 years, the average Total Assets Growth Rate was 15.50% per year.

During the past 13 years, discoverIE Group's highest 3-Year average Total Assets Growth Rate was 39.60%. The lowest was -17.80%. And the median was 11.80%.

Total Assets is connected with ROA %. discoverIE Group's annualized ROA % for the quarter that ended in Sep. 2024 was 3.64%. Total Assets is also linked to Revenue through Asset Turnover. discoverIE Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.32.

discoverIE Group Total Assets Historical Data

The historical data trend for discoverIE Group'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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discoverIE Group Total Assets Chart

discoverIE Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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433.80

428.20

592.70

585.70

668.70

discoverIE Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															556.70	585.70	691.50	668.70	648.70

discoverIE Group 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.

discoverIE Group's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	301.6	+	367.1
	=	668.7

discoverIE Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	296.6	+	352.1
	=	648.7

discoverIE Group (AQSE:DSCV.GB) Total Assets Explanation

Total Assets is connected with ROA %.

discoverIE Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	24	/	( (668.7	+	648.7)	/ 2 )
	=	24	/	658.7
	=	3.64 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) 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.

discoverIE Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	211.1	/	( (668.7	+	648.7)	/ 2 )
=	211.1	/	658.7
=	0.32

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.

discoverIE Group Total Assets Related Terms

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discoverIE Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » discoverIE Group PLC (AQSE:DSCV.GB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DSCVl:UK DSCV:UK 9A5:Germany

Address

2 Chancellor Court, Occam Road, Surrey Research Park, Guildford, Surrey, GBR, GU2 7AH

Website

https://www.discoverieplc.com

discoverIE Group PLC is a United Kingdom-based electronics manufacturing company. The company designs, manufactures, and distributes customer-specific electronic components and solutions. The company's segment includes the Magnetics and Controls division (M&C) and the Sensing and Connectivity division (S&C). The company generates maximum revenue from the M&C segment. Geographically, the company operates in the UK, Europe, North America, Asia, and the Rest of the world.

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