KR1 (AQSE:KR1) Total Assets : £196.09 Mil (As of Dec. 2023)

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What is KR1 Total Assets?

KR1's Total Assets for the quarter that ended in Dec. 2023 was £196.09 Mil.

Warning Sign:

If a company builds assets at 119.7% a year, faster than its revenue growth rate of 48.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, KR1's average Total Assets Growth Rate was 195.70% per year. During the past 3 years, the average Total Assets Growth Rate was 65.30% per year. During the past 5 years, the average Total Assets Growth Rate was 119.70% per year.

During the past 8 years, KR1's highest 3-Year average Total Assets Growth Rate was 272.50%. The lowest was 42.50%. And the median was 111.90%.

Total Assets is connected with ROA %. KR1's annualized ROA % for the quarter that ended in Dec. 2023 was 11.01%. Total Assets is also linked to Revenue through Asset Turnover. KR1's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

KR1 Total Assets Historical Data

The historical data trend for KR1'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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KR1 Total Assets Chart

KR1 Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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7.71

42.16

217.40

71.55

196.09

KR1 Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial			7.71	42.16	217.40	71.55	196.09

KR1 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.

KR1'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 )
	=	194.954	+	1.137
	=	196.09

KR1'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 )
	=	194.954	+	1.137
	=	196.09

KR1 (AQSE:KR1) Total Assets Explanation

Total Assets is connected with ROA %.

KR1's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	14.738	/	( (71.545	+	196.091)	/ 2 )
	=	14.738	/	133.818
	=	11.01 %

Note: The Net Income data used here is one times the 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.

KR1's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	8.671	/	( (71.545	+	196.091)	/ 2 )
=	8.671	/	133.818
=	0.06

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.

KR1 Total Assets Related Terms

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KR1 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KR1 PLC (AQSE:KR1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

KROEF:USA 0A9X:UK K4H:Germany

Address

Victoria Road, First Names House, Douglas, IMN, IM2 4DF

Website

https://www.kr1.io

KR1 PLC operates as an investment company. The company's primary activity is investing in the blockchain technology sector.

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