The Convenience Shop Holding (MAL:CVS) Total Assets : €38.79 Mil (As of Dec. 2023)

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What is The Convenience Shop Holding Total Assets?

The Convenience Shop Holding's Total Assets for the quarter that ended in Dec. 2023 was €38.79 Mil.

During the past 12 months, The Convenience Shop Holding's average Total Assets Growth Rate was 13.00% per year.

Total Assets is connected with ROA %. The Convenience Shop Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 8.71%. Total Assets is also linked to Revenue through Asset Turnover. The Convenience Shop Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.64.

The Convenience Shop Holding Total Assets Historical Data

The historical data trend for The Convenience Shop Holding'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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The Convenience Shop Holding Total Assets Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Total Assets

33.62

38.79

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Total Assets	-	33.62	36.54	38.79

The Convenience Shop Holding 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.

The Convenience Shop Holding'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 )
	=	9.789	+	29.001
	=	38.79

The Convenience Shop Holding'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 )
	=	9.789	+	29.001
	=	38.79

The Convenience Shop Holding (MAL:CVS) Total Assets Explanation

Total Assets is connected with ROA %.

The Convenience Shop Holding'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 )
	=	3.28	/	( (36.542	+	38.79)	/ 2 )
	=	3.28	/	37.666
	=	8.71 %

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.

The Convenience Shop Holding'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 )
=	24.245	/	( (36.542	+	38.79)	/ 2 )
=	24.245	/	37.666
=	0.64

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.

The Convenience Shop Holding Total Assets Related Terms

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The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.