Wise (LSE:WISE) Total Assets : £16,509 Mil (As of Sep. 2024)

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What is Wise Total Assets?

Wise's Total Assets for the quarter that ended in Sep. 2024 was £16,509 Mil.

Warning Sign:

If a company builds assets at 126.1% a year, faster than its revenue growth rate of 49.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Wise's average Total Assets Growth Rate was 7.50% per year. During the past 3 years, the average Total Assets Growth Rate was 30.20% per year. During the past 5 years, the average Total Assets Growth Rate was 126.10% per year.

During the past 6 years, Wise's highest 3-Year average Total Assets Growth Rate was 229.30%. The lowest was 30.20%. And the median was 184.50%.

Total Assets is connected with ROA %. Wise's annualized ROA % for the quarter that ended in Sep. 2024 was 2.75%. Total Assets is also linked to Revenue through Asset Turnover. Wise's Asset Turnover for the quarter that ended in Sep. 2024 was 0.06.

Wise Total Assets Historical Data

The historical data trend for Wise'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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Wise Total Assets Chart

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,376.40

4,301.80

7,564.40

11,904.20

15,137.40

Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial						10,224.00	11,904.20	13,872.40	15,137.40	16,509.00

Wise 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.

Wise's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	979.9	+	14157.5
	=	15,137

Wise's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1173.6	+	15335.4
	=	16,509

Wise (LSE:WISE) Total Assets Explanation

Total Assets is connected with ROA %.

Wise's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	434.6	/	( (15137.4	+	16509)	/ 2 )
	=	434.6	/	15823.2
	=	2.75 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) 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.

Wise's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	892.6	/	( (15137.4	+	16509)	/ 2 )
=	892.6	/	15823.2
=	0.06

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.

Wise Total Assets Related Terms

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Wise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK 6WS:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.