Marks Electrical Group (LSE:MRK) Total Assets : £35.4 Mil (As of Sep. 2023)

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What is Marks Electrical Group Total Assets?

Marks Electrical Group's Total Assets for the quarter that ended in Sep. 2023 was £35.4 Mil.

During the past 12 months, Marks Electrical Group's average Total Assets Growth Rate was 12.80% per year. During the past 3 years, the average Total Assets Growth Rate was 23.20% per year.

During the past 5 years, Marks Electrical Group's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was 17.90%. And the median was 20.55%.

Total Assets is connected with ROA %. Marks Electrical Group's annualized ROA % for the quarter that ended in Sep. 2023 was 5.12%. Total Assets is also linked to Revenue through Asset Turnover. Marks Electrical Group's Asset Turnover for the quarter that ended in Sep. 2023 was 1.58.

Marks Electrical Group Total Assets Historical Data

The historical data trend for Marks Electrical 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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Marks Electrical Group Total Assets Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

13.79

12.40

23.31

25.35

32.85

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial				23.22	25.35	29.36	32.85	35.35

Marks Electrical 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.

Marks Electrical Group's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	13.824	+	19.023
	=	32.8

Marks Electrical Group's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	14.271	+	21.081
	=	35.4

Marks Electrical Group (LSE:MRK) Total Assets Explanation

Total Assets is connected with ROA %.

Marks Electrical Group's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	1.746	/	( (32.847	+	35.352)	/ 2 )
	=	1.746	/	34.0995
	=	5.12 %

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

Marks Electrical Group's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	53.858	/	( (32.847	+	35.352)	/ 2 )
=	53.858	/	34.0995
=	1.58

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.

Marks Electrical Group Total Assets Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.