Beeks Financial Cloud Group (LSE:BKS) Total Assets : £46.84 Mil (As of Dec. 2023)

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What is Beeks Financial Cloud Group Total Assets?

Beeks Financial Cloud Group's Total Assets for the quarter that ended in Dec. 2023 was £46.84 Mil.

Warning Sign:

If a company builds assets at 63.1% a year, faster than its revenue growth rate of 17.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beeks Financial Cloud Group's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 37.00% per year. During the past 5 years, the average Total Assets Growth Rate was 63.10% per year.

During the past 10 years, Beeks Financial Cloud Group's highest 3-Year average Total Assets Growth Rate was 88.60%. The lowest was 37.00%. And the median was 70.90%.

Total Assets is connected with ROA %. Beeks Financial Cloud Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.85%. Total Assets is also linked to Revenue through Asset Turnover. Beeks Financial Cloud Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Beeks Financial Cloud Group Total Assets Historical Data

The historical data trend for Beeks Financial Cloud 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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Beeks Financial Cloud Group Total Assets Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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8.25

16.83

22.88

44.75

47.44

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial												26.40	44.75	44.85	47.44	46.84

Beeks Financial Cloud 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.

Beeks Financial Cloud Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	32.786	+	14.657
	=	47.44

Beeks Financial Cloud Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	34.12	+	12.716
	=	46.84

Beeks Financial Cloud Group (LSE:BKS) Total Assets Explanation

Total Assets is connected with ROA %.

Beeks Financial Cloud Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.402	/	( (47.443	+	46.836)	/ 2 )
	=	0.402	/	47.1395
	=	0.85 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Beeks Financial Cloud Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	13.005	/	( (47.443	+	46.836)	/ 2 )
=	13.005	/	47.1395
=	0.28

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.

Beeks Financial Cloud Group Total Assets Related Terms

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Beeks Financial Cloud Group (LSE:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (LSE:BKS) » Definitions » Total Assets

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Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.