Software Circle (LSE:SFT) Total Assets : £38.04 Mil (As of Sep. 2023)

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What is Software Circle Total Assets?

Software Circle's Total Assets for the quarter that ended in Sep. 2023 was £38.04 Mil.

During the past 12 months, Software Circle's average Total Assets Growth Rate was 217.60% per year. During the past 3 years, the average Total Assets Growth Rate was 20.70% per year. During the past 5 years, the average Total Assets Growth Rate was 8.30% per year. During the past 10 years, the average Total Assets Growth Rate was 7.10% per year.

During the past 13 years, Software Circle's highest 3-Year average Total Assets Growth Rate was 25.20%. The lowest was -9.40%. And the median was 3.50%.

Total Assets is connected with ROA %. Software Circle's annualized ROA % for the quarter that ended in Sep. 2023 was -10.27%. Total Assets is also linked to Revenue through Asset Turnover. Software Circle's Asset Turnover for the quarter that ended in Sep. 2023 was 0.27.

Software Circle Total Assets Historical Data

The historical data trend for Software Circle'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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Software Circle Total Assets Chart

Software Circle Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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13.81

13.39

13.58

11.76

23.62

Software Circle Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															13.84	11.76	11.10	23.62	38.04

Software Circle 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.

Software Circle'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 )
	=	0.928	+	22.692
	=	23.62

Software Circle'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 )
	=	22.487	+	15.554
	=	38.04

Software Circle (LSE:SFT) Total Assets Explanation

Total Assets is connected with ROA %.

Software Circle'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 )
	=	-3.166	/	( (23.62	+	38.041)	/ 2 )
	=	-3.166	/	30.8305
	=	-10.27 %

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.

Software Circle'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 )
=	8.247	/	( (23.62	+	38.041)	/ 2 )
=	8.247	/	30.8305
=	0.27

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.

Software Circle Total Assets Related Terms

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Software Circle (LSE:SFT) Business Description

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Address

Third Avenue, The Village, Trafford Park, Manchester, GBR, M17 1FG

Website

https://www.softwarecircle.com

Software Circle Plc is a UK-based company who is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

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