Topps Tiles (CHIX:TPTL) Total Assets : £164.4 Mil (As of Mar. 2024)

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What is Topps Tiles Total Assets?

Topps Tiles's Total Assets for the quarter that ended in Mar. 2024 was £164.4 Mil.

Warning Sign:

If a company builds assets at 12.8% a year, faster than its revenue growth rate of 4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Topps Tiles's average Total Assets Growth Rate was -9.70% per year. During the past 3 years, the average Total Assets Growth Rate was -4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 12.80% per year. During the past 10 years, the average Total Assets Growth Rate was 10.00% per year.

During the past 13 years, Topps Tiles's highest 3-Year average Total Assets Growth Rate was 111.80%. The lowest was -7.50%. And the median was 11.80%.

Total Assets is connected with ROA %. Topps Tiles's annualized ROA % for the quarter that ended in Mar. 2024 was -2.59%. Total Assets is also linked to Revenue through Asset Turnover. Topps Tiles's Asset Turnover for the quarter that ended in Mar. 2024 was 0.72.

Topps Tiles Total Assets Historical Data

The historical data trend for Topps Tiles'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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Topps Tiles Total Assets Chart

Topps Tiles Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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111.77

205.08

188.07

180.83

174.40

Topps Tiles Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															181.12	180.83	180.73	174.40	164.38

Topps Tiles 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.

Topps Tiles's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	26.388	+	148.014
	=	174.4

Topps Tiles's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	19.745	+	144.636
	=	164.4

Topps Tiles (CHIX:TPTl) Total Assets Explanation

Total Assets is connected with ROA %.

Topps Tiles's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-4.39	/	( (174.402	+	164.381)	/ 2 )
	=	-4.39	/	169.3915
	=	-2.59 %

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

Topps Tiles's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	122.774	/	( (174.402	+	164.381)	/ 2 )
=	122.774	/	169.3915
=	0.72

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.

Topps Tiles Total Assets Related Terms

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Topps Tiles (CHIX:TPTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topps Tiles PLC (CHIX:TPTl) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TPTJF:USA TPT.GB:UK TPT:UK

Address

Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU

Website

https://www.toppstiles.co.uk

Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

Topps Tiles (CHIX:TPTL) Headlines

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