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Strip Tinning Holdings (LSE:STG) Total Assets : £11.27 Mil (As of Dec. 2023)


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What is Strip Tinning Holdings Total Assets?

Strip Tinning Holdings's Total Assets for the quarter that ended in Dec. 2023 was £11.27 Mil.

During the past 12 months, Strip Tinning Holdings's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 11.70% per year.

During the past 7 years, Strip Tinning Holdings's highest 3-Year average Total Assets Growth Rate was 21.80%. The lowest was 6.80%. And the median was 14.10%.

Total Assets is connected with ROA %. Strip Tinning Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -6.02%. Total Assets is also linked to Revenue through Asset Turnover. Strip Tinning Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.47.

Strip Tinning Holdings Total Assets Historical Data

The historical data trend for Strip Tinning Holdings'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.

Strip Tinning Holdings Total Assets Chart

Strip Tinning Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 9.20 10.20 12.20 12.46 11.27

Strip Tinning Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.20 13.67 12.46 10.66 11.27

Strip Tinning Holdings 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.

Strip Tinning Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=5.796+5.476
=11.27

Strip Tinning Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=5.796+5.476
=11.27

* 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.

Strip Tinning Holdings  (LSE:STG) Total Assets Explanation

Total Assets is connected with ROA %.

Strip Tinning Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.66/( (10.663+11.272)/ 2 )
=-0.66/10.9675
=-6.02 %

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

Strip Tinning Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.18/( (10.663+11.272)/ 2 )
=5.18/10.9675
=0.47

* 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.

Strip Tinning Holdings Total Assets Related Terms

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Strip Tinning Holdings (LSE:STG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA
Website
https://www.striptinning.com
Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.