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Polar Capital Holdings (FRA:XZF) Total Assets : €238.6 Mil (As of Sep. 2024)


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What is Polar Capital Holdings Total Assets?

Polar Capital Holdings's Total Assets for the quarter that ended in Sep. 2024 was €238.6 Mil.

Warning Sign:

If a company builds assets at 16.8% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Polar Capital Holdings's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was -6.30% per year. During the past 5 years, the average Total Assets Growth Rate was 16.80% per year. During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.

During the past 13 years, Polar Capital Holdings's highest 3-Year average Total Assets Growth Rate was 101.00%. The lowest was -26.50%. And the median was 20.80%.

Total Assets is connected with ROA %. Polar Capital Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 16.10%. Total Assets is also linked to Revenue through Asset Turnover. Polar Capital Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.49.


Polar Capital Holdings Total Assets Historical Data

The historical data trend for Polar Capital Holdings'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.

Polar Capital Holdings Total Assets Chart

Polar Capital Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.75 297.94 298.90 273.94 254.40

Polar Capital Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.56 273.94 228.51 254.40 238.59

Polar Capital Holdings 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.

Polar Capital Holdings's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=158.864+95.533
=254.4

Polar Capital Holdings's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=148.421+90.172
=238.6

* 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.


Polar Capital Holdings  (FRA:XZF) Total Assets Explanation

Total Assets is connected with ROA %.

Polar Capital Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=39.68/( (254.397+238.592)/ 2 )
=39.68/246.4945
=16.10 %

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

Polar Capital Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=119.914/( (254.397+238.592)/ 2 )
=119.914/246.4945
=0.49

* 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.

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.

Polar Capital Holdings Total Assets Related Terms

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Polar Capital Holdings Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Holdings PLC is a specialist investment management company. It offers professional and institutional investors a range of geographical and sector funds. The company has long-only and absolute return funds in its product range. The company offers fundamental funds diversified by asset class, geographical, sectoral specialization, and structure. The company has one operating segment which is investment management. It operates in the United Kingdom, Ireland, Cayman, and Europe. The group's revenue-generating operations are in London.

Polar Capital Holdings Headlines

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