Rank Group (The) (CHIX:RNKL) Total Assets : £736.2 Mil (As of Jun. 2023)

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What is Rank Group (The) Total Assets?

Rank Group (The)'s Total Assets for the quarter that ended in Jun. 2023 was £736.2 Mil.

During the past 12 months, Rank Group (The)'s average Total Assets Growth Rate was -1.60% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 13 years, Rank Group (The)'s highest 3-Year average Total Assets Growth Rate was 44.50%. The lowest was -31.00%. And the median was -0.50%.

Total Assets is connected with ROA %. Rank Group (The)'s annualized ROA % for the quarter that ended in Jun. 2023 was 1.31%. Total Assets is also linked to Revenue through Asset Turnover. Rank Group (The)'s Asset Turnover for the quarter that ended in Jun. 2023 was 0.45.

Rank Group (The) Total Assets Historical Data

The historical data trend for Rank Group (The)'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.

Rank Group (The) Total Assets Chart

Rank Group (The) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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927.10

858.10

852.50

736.20

732.50

Rank Group (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Total Assets	Get a 7-Day Free Trial															947.80	852.50	786.30	736.20	732.50

Rank Group (The) 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.

Rank Group (The)'s Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	339	+	393.5
	=	732.5

Rank Group (The)'s Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	325.9	+	410.3
	=	736.2

Rank Group (The) (CHIX:RNKl) Total Assets Explanation

Total Assets is connected with ROA %.

Rank Group (The)'s annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	10	/	( (786.3	+	736.2)	/ 2 )
	=	10	/	761.25
	=	1.31 %

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

Rank Group (The)'s Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	343	/	( (786.3	+	736.2)	/ 2 )
=	343	/	761.25
=	0.45

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.

Rank Group (The) Total Assets Related Terms

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Rank Group (The) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (CHIX:RNKl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

RNK:UK RNKA:Germany

Address

TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN

Website

https://www.rank.com

Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its highest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca offers bingo, gaming machines, great value food and drink, and live entertainment. Enracha is Rank's community gaming business for the Spanish market. Rank's digital business segment includes Mecca and Grosvenor for the UK market and Yo for the Spanish market and also operates over 80 UK digital-only brands via its proprietary technology platform and third-party platforms. The company generates the majority of its revenue in the United Kingdom.

Rank Group (The) Headlines

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