Standard Bank Group (FRA:SKC2) Total Assets : €156,285 Mil (As of Jun. 2024)

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What is Standard Bank Group Total Assets?

Standard Bank Group's Total Assets for the quarter that ended in Jun. 2024 was €156,285 Mil.

During the past 12 months, Standard Bank Group's average Total Assets Growth Rate was 3.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year. During the past 10 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 13 years, Standard Bank Group's highest 3-Year average Total Assets Growth Rate was 27.10%. The lowest was 1.20%. And the median was 7.70%.

Total Assets is connected with ROA %. Standard Bank Group's annualized ROA % for the quarter that ended in Jun. 2024 was 1.48%. Total Assets is also linked to Revenue through Asset Turnover. Standard Bank Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.

Standard Bank Group Total Assets Historical Data

The historical data trend for Standard Bank Group'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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Standard Bank Group Total Assets Chart

Standard Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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142,200.61

139,907.58

151,800.20

157,464.28

150,878.46

Standard Bank Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															167,965.13	157,464.28	149,133.13	150,878.46	156,285.09

Standard Bank Group 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.

Standard Bank Group'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 )
	=	13628.421	+	137250.039
	=	150,878

Standard Bank Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	14120.834	+	142164.256
	=	156,285

Standard Bank Group (FRA:SKC2) Total Assets Explanation

Total Assets is connected with ROA %.

Standard Bank Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	2271.246	/	( (150878.46	+	156285.091)	/ 2 )
	=	2271.246	/	153581.7755
	=	1.48 %

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

Standard Bank Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	4454.831	/	( (150878.46	+	156285.091)	/ 2 )
=	4454.831	/	153581.7755
=	0.03

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.

Standard Bank Group Total Assets Related Terms

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Standard Bank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (FRA:SKC2) » Definitions » Total Assets

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Address

5 Simmonds Street, 9th Floor, Standard Bank Centre, Johannesburg, GT, ZAF, 2001

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services. Its operating model is client-led and structured around its business units which are Personal & Private Banking (PPB), Business and Commercial Banking (BCB), Corporate and Investment Banking (CIB), and Insurance & Asset Management (IAM). It offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa.

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