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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.

* Premium members only.

SRT Marine Systems Total Assets Chart

SRT Marine Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

* 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.


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

* 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.

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

Traded in Other Exchanges
Address
Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS
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.