Itim Group (LSE:ITIM) Total Assets : £19.46 Mil (As of Jun. 2024)

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What is Itim Group Total Assets?

Itim Group's Total Assets for the quarter that ended in Jun. 2024 was £19.46 Mil.

Warning Sign:

If a company builds assets at 19.2% a year, faster than its revenue growth rate of 5.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Itim Group's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 11.70% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year.

During the past 6 years, Itim Group's highest 3-Year average Total Assets Growth Rate was 24.10%. The lowest was 11.70%. And the median was 16.70%.

Total Assets is connected with ROA %. Itim Group's annualized ROA % for the quarter that ended in Jun. 2024 was -0.86%. Total Assets is also linked to Revenue through Asset Turnover. Itim Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.45.

Itim Group Total Assets Historical Data

The historical data trend for Itim 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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Itim Group Total Assets Chart

Itim Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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11.46

15.07

19.60

19.92

19.97

Itim Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial						19.13	19.92	18.63	19.97	19.46

Itim 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.

Itim 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 )
	=	11.529	+	8.442
	=	19.97

Itim 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 )
	=	11.387	+	8.068
	=	19.46

Itim Group (LSE:ITIM) Total Assets Explanation

Total Assets is connected with ROA %.

Itim 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 )
	=	-0.17	/	( (19.971	+	19.455)	/ 2 )
	=	-0.17	/	19.713
	=	-0.86 %

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.

Itim 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 )
=	8.835	/	( (19.971	+	19.455)	/ 2 )
=	8.835	/	19.713
=	0.45

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.

Itim Group Total Assets Related Terms

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Itim Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Itim Group PLC (LSE:ITIM) » Definitions » Total Assets

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32I:Germany

Address

173 Victoria Street, 2nd Floor, Atlas House, London, GBR, SW1E 5NH

Website

https://www.itim.com

Itim Group PLC is engaged in providing software solutions to retailers by helping them to optimize their business and their stores to improve financial performance. It offers a complete set of retail software solutions including Multi-Channel Sales & Services, Enterprise Order Management, Price & Stock Optimization, and Supplier Management. The company operates in the United Kingdom, Europe, and other countries, with a majority of its revenue being derived from the United Kingdom.

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