Spirit Pub Co (LSE:SPRT) Total Assets : £1,948.3 Mil (As of Feb. 2015)

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What is Spirit Pub Co Total Assets?

Spirit Pub Co's Total Assets for the quarter that ended in Feb. 2015 was £1,948.3 Mil.

During the past 12 months, Spirit Pub Co's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.80% per year. During the past 5 years, the average Total Assets Growth Rate was -7.40% per year.

During the past 7 years, Spirit Pub Co's highest 3-Year average Total Assets Growth Rate was -4.80%. The lowest was -11.80%. And the median was -10.00%.

Total Assets is connected with ROA %. Spirit Pub Co's annualized ROA % for the quarter that ended in Feb. 2015 was 0.40%. Total Assets is also linked to Revenue through Asset Turnover. Spirit Pub Co's Asset Turnover for the quarter that ended in Feb. 2015 was 0.22.

Spirit Pub Co Total Assets Historical Data

The historical data trend for Spirit Pub Co'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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Spirit Pub Co Total Assets Chart

Spirit Pub Co Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Total Assets

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2,340.20

2,226.10

1,772.70

1,777.30

1,957.80

Spirit Pub Co Semi-Annual Data
	Aug08	Aug09	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15
Total Assets	Get a 7-Day Free Trial							1,730.50	1,777.30	1,750.60	1,957.80	1,948.30

Spirit Pub Co 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.

Spirit Pub Co's Total Assets for the fiscal year that ended in Aug. 2014 is calculated as

Total Assets	=	Total Equity (A: Aug. 2014 )	+	Total Liabilities (A: Aug. 2014 )
	=	726.2	+	1231.6
	=	1,957.8

Spirit Pub Co's Total Assets for the quarter that ended in Feb. 2015 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2015 )	+	Total Liabilities (Q: Feb. 2015 )
	=	716.3	+	1232
	=	1,948.3

Spirit Pub Co (LSE:SPRT) Total Assets Explanation

Total Assets is connected with ROA %.

Spirit Pub Co's annualized ROA % for the quarter that ended in Feb. 2015 is

ROA %	=	Net Income (Q: Feb. 2015 )	/	( (Total Assets (Q: Aug. 2014 )	+	Total Assets (Q: Feb. 2015 ))	/ count )
	=	7.8	/	( (1957.8	+	1948.3)	/ 2 )
	=	7.8	/	1953.05
	=	0.40 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2015) 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.

Spirit Pub Co's Asset Turnover for the quarter that ended in Feb. 2015 is

	Asset Turnover
=	Revenue (Q: Feb. 2015 )	/	( (Total Assets (Q: Aug. 2014 )	+	Total Assets (Q: Feb. 2015 ))	/ count )
=	421	/	( (1957.8	+	1948.3)	/ 2 )
=	421	/	1953.05
=	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.

Spirit Pub Co Total Assets Related Terms

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Spirit Pub Co (LSE:SPRT) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spirit Pub Co PLC (LSE:SPRT) » Definitions » Total Assets

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Address

Website

http://www.spiritpubcompany.com

Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.