Angling Direct (LSE:ANG) Total Assets : £69.31 Mil (As of Jul. 2024)

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What is Angling Direct Total Assets?

Angling Direct's Total Assets for the quarter that ended in Jul. 2024 was £69.31 Mil.

Warning Sign:

If a company builds assets at 11.3% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Angling Direct's average Total Assets Growth Rate was 12.30% per year. During the past 3 years, the average Total Assets Growth Rate was 7.40% per year. During the past 5 years, the average Total Assets Growth Rate was 11.30% per year.

During the past 10 years, Angling Direct's highest 3-Year average Total Assets Growth Rate was 66.20%. The lowest was 7.00%. And the median was 24.60%.

Total Assets is connected with ROA %. Angling Direct's annualized ROA % for the quarter that ended in Jul. 2024 was 5.37%. Total Assets is also linked to Revenue through Asset Turnover. Angling Direct's Asset Turnover for the quarter that ended in Jul. 2024 was 0.71.

Angling Direct Total Assets Historical Data

The historical data trend for Angling Direct'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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Angling Direct Total Assets Chart

Angling Direct Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Assets

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41.81

50.62

58.08

58.06

59.92

Angling Direct Semi-Annual Data
	Jan15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Total Assets	Get a 7-Day Free Trial														60.27	58.06	64.22	59.92	69.31

Angling Direct 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.

Angling Direct's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	38.525	+	21.392
	=	59.92

Angling Direct's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	40.233	+	29.077
	=	69.31

Angling Direct (LSE:ANG) Total Assets Explanation

Total Assets is connected with ROA %.

Angling Direct's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	3.468	/	( (59.917	+	69.31)	/ 2 )
	=	3.468	/	64.6135
	=	5.37 %

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

Angling Direct's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	45.838	/	( (59.917	+	69.31)	/ 2 )
=	45.838	/	64.6135
=	0.71

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.

Angling Direct Total Assets Related Terms

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Angling Direct Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Angling Direct PLC (LSE:ANG) » Definitions » Total Assets

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Address

2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH

Website

https://www.anglingdirect.co.uk

Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company has three operating segments: Stores, UK Online and EU Online. The company derives revenue from the Stores segment. The company operates in the UK.

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