Town Centre Securities (LSE:TOWN) Total Assets : £298.04 Mil (As of Dec. 2023)

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What is Town Centre Securities Total Assets?

Town Centre Securities's Total Assets for the quarter that ended in Dec. 2023 was £298.04 Mil.

During the past 12 months, Town Centre Securities's average Total Assets Growth Rate was -5.20% per year. During the past 3 years, the average Total Assets Growth Rate was -10.20% per year. During the past 5 years, the average Total Assets Growth Rate was -6.50% per year. During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.

During the past 13 years, Town Centre Securities's highest 3-Year average Total Assets Growth Rate was 26.10%. The lowest was -17.10%. And the median was 3.60%.

Total Assets is connected with ROA %. Town Centre Securities's annualized ROA % for the quarter that ended in Dec. 2023 was -4.80%. Total Assets is also linked to Revenue through Asset Turnover. Town Centre Securities's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Town Centre Securities Total Assets Historical Data

The historical data trend for Town Centre Securities'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.

Town Centre Securities Total Assets Chart

Town Centre Securities Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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404.56

394.89

364.10

375.07

306.68

Town Centre Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															370.56	375.07	304.42	306.68	298.04

Town Centre Securities 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.

Town Centre Securities's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	141.088	+	165.593
	=	306.68

Town Centre Securities'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 )
	=	123.974	+	174.064
	=	298.04

Town Centre Securities (LSE:TOWN) Total Assets Explanation

Total Assets is connected with ROA %.

Town Centre Securities'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 )
	=	-14.51	/	( (306.681	+	298.038)	/ 2 )
	=	-14.51	/	302.3595
	=	-4.80 %

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.

Town Centre Securities'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 )
=	16.129	/	( (306.681	+	298.038)	/ 2 )
=	16.129	/	302.3595
=	0.05

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.

Town Centre Securities Total Assets Related Terms

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Town Centre Securities (LSE:TOWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Town Centre Securities PLC (LSE:TOWN) » Definitions » Total Assets

Comparable Companies

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TOWNl:UK TOWN.GB:UK

Address

Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY

Website

https://www.tcs-plc.co.uk

Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.