Lok'n Store Group (LSE:LOK) Total Assets : £363.86 Mil (As of Jan. 2024)

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What is Lok'n Store Group Total Assets?

Lok'n Store Group's Total Assets for the quarter that ended in Jan. 2024 was £363.86 Mil.

Warning Sign:

If a company builds assets at 15.2% a year, faster than its revenue growth rate of 12.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Lok'n Store Group's average Total Assets Growth Rate was 17.50% per year. During the past 3 years, the average Total Assets Growth Rate was 17.60% per year. During the past 5 years, the average Total Assets Growth Rate was 15.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.60% per year.

During the past 13 years, Lok'n Store Group's highest 3-Year average Total Assets Growth Rate was 186.60%. The lowest was -2.40%. And the median was 17.90%.

Total Assets is connected with ROA %. Lok'n Store Group's annualized ROA % for the quarter that ended in Jan. 2024 was 1.60%. Total Assets is also linked to Revenue through Asset Turnover. Lok'n Store Group's Asset Turnover for the quarter that ended in Jan. 2024 was 0.04.

Lok'n Store Group Total Assets Historical Data

The historical data trend for Lok'n Store 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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Lok'n Store Group Total Assets Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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199.98

216.35

280.33

353.87

372.64

Lok'n Store Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Assets	Get a 7-Day Free Trial															316.54	353.87	337.08	372.64	363.86

Lok'n Store 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.

Lok'n Store Group's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	230.472	+	142.172
	=	372.64

Lok'n Store Group's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	230.886	+	132.969
	=	363.86

Lok'n Store Group (LSE:LOK) Total Assets Explanation

Total Assets is connected with ROA %.

Lok'n Store Group's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	5.874	/	( (372.644	+	363.855)	/ 2 )
	=	5.874	/	368.2495
	=	1.60 %

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

Lok'n Store Group's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	14.168	/	( (372.644	+	363.855)	/ 2 )
=	14.168	/	368.2495
=	0.04

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.

Lok'n Store Group Total Assets Related Terms

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Lok'n Store Group (LSE:LOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

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