Flutter Entertainment (LSE:FLTR) Total Assets : £19,462 Mil (As of Dec. 2023)

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What is Flutter Entertainment Total Assets?

Flutter Entertainment's Total Assets for the quarter that ended in Dec. 2023 was £19,462 Mil.

Warning Sign:

If a company builds assets at 31.7% a year, faster than its revenue growth rate of 18.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Flutter Entertainment's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 0.50% per year. During the past 5 years, the average Total Assets Growth Rate was 31.70% per year. During the past 10 years, the average Total Assets Growth Rate was 57.60% per year.

During the past 13 years, Flutter Entertainment's highest 3-Year average Total Assets Growth Rate was 151.00%. The lowest was 0.50%. And the median was 28.45%.

Total Assets is connected with ROA %. Flutter Entertainment's annualized ROA % for the quarter that ended in Dec. 2023 was -11.33%. Total Assets is also linked to Revenue through Asset Turnover. Flutter Entertainment's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.

Flutter Entertainment Total Assets Historical Data

The historical data trend for Flutter Entertainment'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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Flutter Entertainment Total Assets Chart

Flutter Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,403.47

17,229.10

17,025.91

20,736.82

19,461.65

Flutter Entertainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															17,025.91	17,135.93	20,736.82	19,300.57	19,461.65

Flutter Entertainment 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.

Flutter Entertainment'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 )
	=	8980.72	+	10480.93
	=	19,462

Flutter Entertainment'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 )
	=	8980.72	+	10480.93
	=	19,462

Flutter Entertainment (LSE:FLTR) Total Assets Explanation

Total Assets is connected with ROA %.

Flutter Entertainment'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 )
	=	-2194.984	/	( (19300.574	+	19461.65)	/ 2 )
	=	-2194.984	/	19381.112
	=	-11.33 %

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.

Flutter Entertainment'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 )
=	4522.664	/	( (19300.574	+	19461.65)	/ 2 )
=	4522.664	/	19381.112
=	0.23

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.

Flutter Entertainment Total Assets Related Terms

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Flutter Entertainment (LSE:FLTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (LSE:FLTR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PDYPY:USA PDYPF:USA FLTR:Ireland FLTRl:UK PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.