Billing Services Group (LSE:BILL) Total Assets : £16.21 Mil (As of Jun. 2019)

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What is Billing Services Group Total Assets?

Billing Services Group's Total Assets for the quarter that ended in Jun. 2019 was £16.21 Mil.

During the past 12 months, Billing Services Group's average Total Assets Growth Rate was -41.90% per year. During the past 3 years, the average Total Assets Growth Rate was -35.60% per year. During the past 5 years, the average Total Assets Growth Rate was -23.90% per year. During the past 10 years, the average Total Assets Growth Rate was -17.40% per year.

During the past 13 years, Billing Services Group's highest 3-Year average Total Assets Growth Rate was -4.60%. The lowest was -35.60%. And the median was -16.00%.

Total Assets is connected with ROA %. Billing Services Group's annualized ROA % for the quarter that ended in Jun. 2019 was 0.42%. Total Assets is also linked to Revenue through Asset Turnover. Billing Services Group's Asset Turnover for the quarter that ended in Jun. 2019 was 0.33.

Billing Services Group Total Assets Historical Data

The historical data trend for Billing Services 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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Billing Services Group Total Assets Chart

Billing Services Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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47.06

43.94

46.53

27.81

17.70

Billing Services Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Total Assets	Get a 7-Day Free Trial															45.33	27.81	25.06	17.70	16.21

Billing Services 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.

Billing Services Group's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	12.988	+	4.715
	=	17.70

Billing Services Group's Total Assets for the quarter that ended in Jun. 2019 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2019 )	+	Total Liabilities (Q: Jun. 2019 )
	=	11.964	+	4.245
	=	16.21

Billing Services Group (LSE:BILL) Total Assets Explanation

Total Assets is connected with ROA %.

Billing Services Group's annualized ROA % for the quarter that ended in Jun. 2019 is

ROA %	=	Net Income (Q: Jun. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
	=	0.072	/	( (17.702	+	16.209)	/ 2 )
	=	0.072	/	16.9555
	=	0.42 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2019) 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.

Billing Services Group's Asset Turnover for the quarter that ended in Jun. 2019 is

	Asset Turnover
=	Revenue (Q: Jun. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
=	5.555	/	( (17.702	+	16.209)	/ 2 )
=	5.555	/	16.9555
=	0.33

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.

Billing Services Group Total Assets Related Terms

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Billing Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Billing Services Group Ltd (LSE:BILL) » Definitions » Total Assets

Comparable Companies

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N/A

Address

22 Victoria Street, Canonâ€™s Court, Hamilton, BMU, HM 12

Website

http://www.bsgclearing.com

Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.