Mercia Asset Management (LSE:MERC) Total Assets : £206.23 Mil (As of Sep. 2024)

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What is Mercia Asset Management Total Assets?

Mercia Asset Management's Total Assets for the quarter that ended in Sep. 2024 was £206.23 Mil.

During the past 12 months, Mercia Asset Management's average Total Assets Growth Rate was -12.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.70% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 51.80% per year.

During the past 13 years, Mercia Asset Management's highest 3-Year average Total Assets Growth Rate was 1157.50%. The lowest was 4.70%. And the median was 25.30%.

Total Assets is connected with ROA %. Mercia Asset Management's annualized ROA % for the quarter that ended in Sep. 2024 was 1.73%. Total Assets is also linked to Revenue through Asset Turnover. Mercia Asset Management's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.

Mercia Asset Management Total Assets Historical Data

The historical data trend for Mercia Asset Management'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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Mercia Asset Management Total Assets Chart

Mercia Asset Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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156.85

192.44

214.80

218.42

204.91

Mercia Asset Management Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															220.62	218.42	219.99	204.91	206.23

Mercia Asset Management 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.

Mercia Asset Management's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	189.241	+	15.666
	=	204.91

Mercia Asset Management's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	187.355	+	18.877
	=	206.23

Mercia Asset Management (LSE:MERC) Total Assets Explanation

Total Assets is connected with ROA %.

Mercia Asset Management's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	3.552	/	( (204.907	+	206.232)	/ 2 )
	=	3.552	/	205.5695
	=	1.73 %

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

Mercia Asset Management's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	17.908	/	( (204.907	+	206.232)	/ 2 )
=	17.908	/	205.5695
=	0.09

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.

Mercia Asset Management Total Assets Related Terms

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Mercia Asset Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mercia Asset Management PLC (LSE:MERC) » Definitions » Total Assets

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Address

17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA

Website

https://www.mercia.co.uk

Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.