Smarttech247 Group (LSE:S247) Total Assets : £12.81 Mil (As of Jan. 2024)

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What is Smarttech247 Group Total Assets?

Smarttech247 Group's Total Assets for the quarter that ended in Jan. 2024 was £12.81 Mil.

During the past 12 months, Smarttech247 Group's average Total Assets Growth Rate was 36.80% per year. During the past 3 years, the average Total Assets Growth Rate was 56.80% per year.

During the past 5 years, Smarttech247 Group's highest 3-Year average Total Assets Growth Rate was 56.80%. The lowest was 55.60%. And the median was 56.20%.

Total Assets is connected with ROA %. Smarttech247 Group's annualized ROA % for the quarter that ended in Jan. 2024 was -7.91%. Total Assets is also linked to Revenue through Asset Turnover. Smarttech247 Group's Asset Turnover for the quarter that ended in Jan. 2024 was 0.32.

Smarttech247 Group Total Assets Historical Data

The historical data trend for Smarttech247 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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Smarttech247 Group Total Assets Chart

Smarttech247 Group Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

2.57

3.53

8.11

9.82

15.51

Smarttech247 Group Semi-Annual Data
	Jul19	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Assets	Get a 7-Day Free Trial				6.48	9.82	12.71	15.51	12.81

Smarttech247 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.

Smarttech247 Group'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 )
	=	9.857	+	5.65
	=	15.51

Smarttech247 Group'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 )
	=	9.646	+	3.166
	=	12.81

Smarttech247 Group (LSE:S247) Total Assets Explanation

Total Assets is connected with ROA %.

Smarttech247 Group'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 )
	=	-1.12	/	( (15.507	+	12.812)	/ 2 )
	=	-1.12	/	14.1595
	=	-7.91 %

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.

Smarttech247 Group'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 )
=	4.587	/	( (15.507	+	12.812)	/ 2 )
=	4.587	/	14.1595
=	0.32

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.

Smarttech247 Group Total Assets Related Terms

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Smarttech247 Group (LSE:S247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smarttech247 Group PLC (LSE:S247) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

165 Fleet Street, London, GBR, EC4A 2DY

Website

https://www.smarttech247.com

Smarttech247 Group PLC is a multi-award winning automated managed detection and response company. Its platform is trusted by global organizations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response. The company's service is geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced response team.

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