Gateley (Holdings) (LSE:GTLY) Total Assets : £155.0 Mil (As of Oct. 2023)

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What is Gateley (Holdings) Total Assets?

Gateley (Holdings)'s Total Assets for the quarter that ended in Oct. 2023 was £155.0 Mil.

Warning Sign:

If a company builds assets at 24.7% a year, faster than its revenue growth rate of 9.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Gateley (Holdings)'s average Total Assets Growth Rate was 2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 12.90% per year. During the past 5 years, the average Total Assets Growth Rate was 24.70% per year. During the past 10 years, the average Total Assets Growth Rate was 19.10% per year.

During the past 13 years, Gateley (Holdings)'s highest 3-Year average Total Assets Growth Rate was 29.50%. The lowest was 2.80%. And the median was 13.40%.

Total Assets is connected with ROA %. Gateley (Holdings)'s annualized ROA % for the quarter that ended in Oct. 2023 was 8.09%. Total Assets is also linked to Revenue through Asset Turnover. Gateley (Holdings)'s Asset Turnover for the quarter that ended in Oct. 2023 was 0.54.

Gateley (Holdings) Total Assets Historical Data

The historical data trend for Gateley (Holdings)'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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Gateley (Holdings) Total Assets Chart

Gateley (Holdings) Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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63.51

98.51

121.64

146.43

148.65

Gateley (Holdings) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial															108.11	146.43	148.25	148.65	154.99

Gateley (Holdings) 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.

Gateley (Holdings)'s Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	78.112	+	70.539
	=	148.7

Gateley (Holdings)'s Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	83.329	+	71.661
	=	155.0

Gateley (Holdings) (LSE:GTLY) Total Assets Explanation

Total Assets is connected with ROA %.

Gateley (Holdings)'s annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	12.28	/	( (148.651	+	154.99)	/ 2 )
	=	12.28	/	151.8205
	=	8.09 %

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

Gateley (Holdings)'s Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	81.957	/	( (148.651	+	154.99)	/ 2 )
=	81.957	/	151.8205
=	0.54

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.

Gateley (Holdings) Total Assets Related Terms

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Gateley (Holdings) (LSE:GTLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gateley (Holdings) PLC (LSE:GTLY) » Definitions » Total Assets

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5I2:Germany

Address

One Eleven Edmund Street, Birmingham, West Midlands, GBR, B3 2HJ

Website

http://www.gateleyplc.com

Gateley (Holdings) PLC is a full-service law firm. It provides commercial legal service with complementary non-legal services which includes trustees to pension schemes and offering tax incentive advice. The company has banking and financial services, corporate, business services, employment, pensions and benefits, and property segments. It derives most of its revenues from the banking and financial services segment. The firm mainly operates in the United Kingdom, Europe, Middle East, North and South America, and Asia.

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