Partway Group (LSE:PTY) Total Assets : £1.92 Mil (As of Dec. 2023)

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What is Partway Group Total Assets?

Partway Group's Total Assets for the quarter that ended in Dec. 2023 was £1.92 Mil.

During the past 12 months, Partway Group's average Total Assets Growth Rate was -96.00% per year. During the past 3 years, the average Total Assets Growth Rate was -67.00% per year. During the past 5 years, the average Total Assets Growth Rate was -42.20% per year. During the past 10 years, the average Total Assets Growth Rate was -22.30% per year.

During the past 13 years, Partway Group's highest 3-Year average Total Assets Growth Rate was 159.00%. The lowest was -67.00%. And the median was -0.70%.

Total Assets is connected with ROA %. Partway Group's annualized ROA % for the quarter that ended in Dec. 2023 was -83.71%. Total Assets is also linked to Revenue through Asset Turnover. Partway Group's Asset Turnover for the quarter that ended in Dec. 2023 was -3.49.

Partway Group Total Assets Historical Data

The historical data trend for Partway 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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Partway Group Total Assets Chart

Partway Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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16.89

15.03

13.23

12.77

1.92

Partway Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															13.23	14.59	12.77	8.19	1.92

Partway 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.

Partway Group'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 )
	=	1.641	+	0.28
	=	1.92

Partway Group'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 )
	=	1.641	+	0.28
	=	1.92

Partway Group (LSE:PTY) Total Assets Explanation

Total Assets is connected with ROA %.

Partway Group'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 )
	=	-4.23	/	( (8.185	+	1.921)	/ 2 )
	=	-4.23	/	5.053
	=	-83.71 %

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.

Partway Group'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 )
=	-17.634	/	( (8.185	+	1.921)	/ 2 )
=	-17.634	/	5.053
=	-3.49

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.

Partway Group Total Assets Related Terms

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Partway Group (LSE:PTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Partway Group PLC (LSE:PTY) » Definitions » Total Assets

Comparable Companies

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PTY.GB:UK

Address

32 Blackfriars Road, London, GBR, SE1 9PB

Website

https://www.partway.net

Partway Group PLC formerly Parity Group PLC provides professional recruitment, information technology solutions, and people development services to its clients. The company provides a range of recruitment and data and technology solutions to clients across the public and private sectors. The company provides recruitment services including predominately interim recruitment to a diverse range of clients delivered to central and local government within the public sector and retail, housing, utilities, and education in the private sector, and data and technology solutions including data consultancy services and business intelligence solutions. The company generates the majority of its revenue from geographical segments of the United Kingdom as compared to European Union, and Others.