Equals Group (LSE:EQLS) Total Assets : £90.6 Mil (As of Jun. 2024)

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What is Equals Group Total Assets?

Equals Group's Total Assets for the quarter that ended in Jun. 2024 was £90.6 Mil.

During the past 12 months, Equals Group's average Total Assets Growth Rate was 17.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.90% per year. During the past 5 years, the average Total Assets Growth Rate was 6.40% per year. During the past 10 years, the average Total Assets Growth Rate was 42.80% per year.

During the past 13 years, Equals Group's highest 3-Year average Total Assets Growth Rate was 159.80%. The lowest was -27.20%. And the median was 22.15%.

Total Assets is connected with ROA %. Equals Group's annualized ROA % for the quarter that ended in Jun. 2024 was 11.62%. Total Assets is also linked to Revenue through Asset Turnover. Equals Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.67.

Equals Group Total Assets Historical Data

The historical data trend for Equals 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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Equals Group Total Assets Chart

Equals Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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72.12

69.95

62.56

67.57

87.81

Equals 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															64.83	67.57	77.47	87.81	90.61

Equals 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.

Equals 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 )
	=	57.744	+	30.067
	=	87.8

Equals 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 )
	=	62.022	+	28.584
	=	90.6

Equals Group (LSE:EQLS) Total Assets Explanation

Total Assets is connected with ROA %.

Equals 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 )
	=	10.368	/	( (87.811	+	90.606)	/ 2 )
	=	10.368	/	89.2085
	=	11.62 %

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.

Equals 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 )
=	59.95	/	( (87.811	+	90.606)	/ 2 )
=	59.95	/	89.2085
=	0.67

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.

Equals Group Total Assets Related Terms

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Equals Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Equals Group PLC (LSE:EQLS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

2FX:Germany

Address

68 Upper Thames Street, 3rd Floor, Thames House, Vintners’ Place, London, GBR, EC4V 3BJ

Website

https://www.equalsplc.com

Equals Group PLC is a part of the financial service sector in the United Kingdom. The company's core business is the provision of foreign exchange payment services for individuals and corporations. Its operating segment includes Currency Cards; International Payments; Travel Cash and Banking, Solutions, and Central. The company revenue is primarily derived from UK-based customers.