THG (CHIX:THGL) Total Assets : £2,781 Mil (As of Dec. 2023)

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What is THG Total Assets?

THG's Total Assets for the quarter that ended in Dec. 2023 was £2,781 Mil.

Warning Sign:

If a company builds assets at 21.7% a year, faster than its revenue growth rate of 11.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, THG's average Total Assets Growth Rate was -9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 21.70% per year.

During the past 7 years, THG's highest 3-Year average Total Assets Growth Rate was 42.00%. The lowest was 12.20%. And the median was 30.55%.

Total Assets is connected with ROA %. THG's annualized ROA % for the quarter that ended in Dec. 2023 was -16.47%. Total Assets is also linked to Revenue through Asset Turnover. THG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.38.

THG Total Assets Historical Data

The historical data trend for THG'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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THG Total Assets Chart

THG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,624.43

2,448.85

3,423.83

3,089.16

2,780.59

THG Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							3,423.83	3,241.79	3,089.16	2,819.49	2,780.59

THG 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.

THG'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 )
	=	1021.667	+	1758.923
	=	2,781

THG'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 )
	=	1021.667	+	1758.923
	=	2,781

THG (CHIX:THGl) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-461.156	/	( (2819.491	+	2780.59)	/ 2 )
	=	-461.156	/	2800.0405
	=	-16.47 %

Note: The Net Income data used here is four times the quarterly (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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1076.118	/	( (2819.491	+	2780.59)	/ 2 )
=	1076.118	/	2800.0405
=	0.38

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.

THG Total Assets Related Terms

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THG (CHIX:THGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » THG PLC (CHIX:THGl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

THGPF:USA THG:UK

Address

Icon 1, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF

Website

https://www.thg.com

THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.

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