Mast Energy Developments (LSE:MAST) Total Assets : £2.60 Mil (As of Dec. 2023)

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What is Mast Energy Developments Total Assets?

Mast Energy Developments's Total Assets for the quarter that ended in Dec. 2023 was £2.60 Mil.

During the past 12 months, Mast Energy Developments's average Total Assets Growth Rate was -42.00% per year.

Total Assets is connected with ROA %. Mast Energy Developments's annualized ROA % for the quarter that ended in Dec. 2023 was -159.45%. Total Assets is also linked to Revenue through Asset Turnover. Mast Energy Developments's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Mast Energy Developments Total Assets Historical Data

The historical data trend for Mast Energy Developments'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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Mast Energy Developments Total Assets Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

7.63

4.62

2.60

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			2.90	6.62	4.62	4.34	2.60

Mast Energy Developments 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.

Mast Energy Developments'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 )
	=	-0.385	+	2.986
	=	2.60

Mast Energy Developments'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 )
	=	-0.385	+	2.986
	=	2.60

Mast Energy Developments (LSE:MAST) Total Assets Explanation

Total Assets is connected with ROA %.

Mast Energy Developments'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 )
	=	-5.532	/	( (4.337	+	2.602)	/ 2 )
	=	-5.532	/	3.4695
	=	-159.45 %

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.

Mast Energy Developments'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 )
=	0.143	/	( (4.337	+	2.602)	/ 2 )
=	0.143	/	3.4695
=	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.

Mast Energy Developments Total Assets Related Terms

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Mast Energy Developments (LSE:MAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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