ME Group International (CHIX:MEGPL) Total Assets : £332.5 Mil (As of Oct. 2023)

View and export this data going back to 2015. Start your Free Trial

What is ME Group International Total Assets?

ME Group International's Total Assets for the quarter that ended in Oct. 2023 was £332.5 Mil.

During the past 12 months, ME Group International's average Total Assets Growth Rate was 15.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year. During the past 10 years, the average Total Assets Growth Rate was 9.50% per year.

During the past 13 years, ME Group International's highest 3-Year average Total Assets Growth Rate was 30.60%. The lowest was -13.40%. And the median was 3.60%.

Total Assets is connected with ROA %. ME Group International's annualized ROA % for the quarter that ended in Oct. 2023 was 18.66%. Total Assets is also linked to Revenue through Asset Turnover. ME Group International's Asset Turnover for the quarter that ended in Oct. 2023 was 0.47.

ME Group International Total Assets Historical Data

The historical data trend for ME Group International'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.

ME Group International Total Assets Chart

ME Group International Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Oct21

Oct22

Oct23

Total Assets

Get a 7-Day Free Trial

238.91

279.88

272.94

326.39

332.52

ME Group International Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial															272.94	266.56	326.39	316.48	332.52

ME Group International 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.

ME Group International's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	158.988	+	173.534
	=	332.5

ME Group International's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	158.988	+	173.534
	=	332.5

ME Group International (CHIX:MEGPl) Total Assets Explanation

Total Assets is connected with ROA %.

ME Group International's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	60.556	/	( (316.482	+	332.522)	/ 2 )
	=	60.556	/	324.502
	=	18.66 %

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

ME Group International's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	153.84	/	( (316.482	+	332.522)	/ 2 )
=	153.84	/	324.502
=	0.47

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.

ME Group International Total Assets Related Terms

Thank you for viewing the detailed overview of ME Group International's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

ME Group International (CHIX:MEGPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ME Group International PLC (CHIX:MEGPl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PHTM.GB:UK MEGP:UK PHQ:Germany

Address

Blenheim Road, Unit 3B, Epsom, London, Surrey, GBR, KT19 9AP

Website

https://www.me-group.com

ME Group International PLC operates, sells and services a wide range of instant-service vending equipment, aimed at the consumer market. The group operates vending units across 20 countries and its technological innovation is focused on four principal areas namely Photobooths and integrated biometric identification solutions; Unattended laundry services and launderettes; High-quality digital printigg kiosks and Vending equipment for the food service market. Geographically, the company operates in UK & Republic of Ireland, Asia Pacific and Continental Europe, which is the majority revenue generator.

ME Group International (CHIX:MEGPL) Headlines

No Headlines