Manchester & London Investment Trust (LSE:MNL) Total Assets : £276.9 Mil (As of Jan. 2024)

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What is Manchester & London Investment Trust Total Assets?

Manchester & London Investment Trust's Total Assets for the quarter that ended in Jan. 2024 was £276.9 Mil.

During the past 12 months, Manchester & London Investment Trust's average Total Assets Growth Rate was 88.00% per year. During the past 3 years, the average Total Assets Growth Rate was -2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 11.90% per year. During the past 10 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 13 years, Manchester & London Investment Trust's highest 3-Year average Total Assets Growth Rate was 57.20%. The lowest was -21.10%. And the median was 12.90%.

Total Assets is connected with ROA %. Manchester & London Investment Trust's annualized ROA % for the quarter that ended in Jan. 2024 was 43.43%. Total Assets is also linked to Revenue through Asset Turnover. Manchester & London Investment Trust's Asset Turnover for the quarter that ended in Jan. 2024 was 0.22.

Manchester & London Investment Trust Total Assets Historical Data

The historical data trend for Manchester & London Investment Trust'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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Manchester & London Investment Trust Total Assets Chart

Manchester & London Investment Trust Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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173.96

252.02

289.07

215.92

223.33

Manchester & London Investment Trust 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															258.04	215.92	179.69	223.33	276.87

Manchester & London Investment Trust 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.

Manchester & London Investment Trust'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 )
	=	221.379	+	1.947
	=	223.3

Manchester & London Investment Trust'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 )
	=	272.871	+	4.001
	=	276.9

Manchester & London Investment Trust (LSE:MNL) Total Assets Explanation

Total Assets is connected with ROA %.

Manchester & London Investment Trust'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 )
	=	108.612	/	( (223.326	+	276.872)	/ 2 )
	=	108.612	/	250.099
	=	43.43 %

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.

Manchester & London Investment Trust'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 )
=	54.653	/	( (223.326	+	276.872)	/ 2 )
=	54.653	/	250.099
=	0.22

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.

Manchester & London Investment Trust Total Assets Related Terms

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Manchester & London Investment Trust (LSE:MNL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Manchester & London Investment Trust PLC (LSE:MNL) » Definitions » Total Assets

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MNLl:UK

Address

12a Princes Gate Mews, London, GBR, SW7 2PS

Website

https://www.mlcapman.com

Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.

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