SRT Marine Systems (LSE:SRT) Total Assets : £28.66 Mil (As of Sep. 2023)

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What is SRT Marine Systems Total Assets?

SRT Marine Systems's Total Assets for the quarter that ended in Sep. 2023 was £28.66 Mil.

During the past 12 months, SRT Marine Systems's average Total Assets Growth Rate was -17.50% 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 2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 7.40% per year.

During the past 13 years, SRT Marine Systems's highest 3-Year average Total Assets Growth Rate was 77.30%. The lowest was -30.40%. And the median was 12.05%.

Total Assets is connected with ROA %. SRT Marine Systems's annualized ROA % for the quarter that ended in Sep. 2023 was -33.55%. Total Assets is also linked to Revenue through Asset Turnover. SRT Marine Systems's Asset Turnover for the quarter that ended in Sep. 2023 was 0.20.

SRT Marine Systems Total Assets Historical Data

The historical data trend for SRT Marine Systems'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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SRT Marine Systems Total Assets Chart

SRT Marine Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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31.22

29.04

22.01

24.71

26.41

SRT Marine Systems 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															18.08	24.71	31.51	26.41	28.66

SRT Marine Systems 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.

SRT Marine Systems'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 )
	=	10.308	+	16.099
	=	26.41

SRT Marine Systems'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 )
	=	10.893	+	17.769
	=	28.66

SRT Marine Systems (LSE:SRT) Total Assets Explanation

Total Assets is connected with ROA %.

SRT Marine Systems'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 )
	=	-9.238	/	( (26.406	+	28.661)	/ 2 )
	=	-9.238	/	27.5335
	=	-33.55 %

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.

SRT Marine Systems'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 )
=	5.502	/	( (26.406	+	28.661)	/ 2 )
=	5.502	/	27.5335
=	0.20

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.

SRT Marine Systems Total Assets Related Terms

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SRT Marine Systems (LSE:SRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (LSE:SRT) » Definitions » Total Assets

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Traded in Other Exchanges

6S7:Germany

Address

Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS

Website

http://www.srt-marine.com

SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.