Bens Creek Group (LSE:BEN) Total Assets : £63.54 Mil (As of Sep. 2023)

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What is Bens Creek Group Total Assets?

Bens Creek Group's Total Assets for the quarter that ended in Sep. 2023 was £63.54 Mil.

During the past 12 months, Bens Creek Group's average Total Assets Growth Rate was 1.60% per year.

Total Assets is connected with ROA %. Bens Creek Group's annualized ROA % for the quarter that ended in Sep. 2023 was -32.69%. Total Assets is also linked to Revenue through Asset Turnover. Bens Creek Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.29.

Bens Creek Group Total Assets Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group Total Assets Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Total Assets

0.65

51.21

66.04

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			29.90	51.21	68.08	66.04	63.54

Bens Creek Group 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.

Bens Creek Group'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 )
	=	18.952	+	47.086
	=	66.04

Bens Creek Group'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 )
	=	8.25	+	55.288
	=	63.54

Bens Creek Group (LSE:BEN) Total Assets Explanation

Total Assets is connected with ROA %.

Bens Creek Group'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 )
	=	-21.182	/	( (66.038	+	63.539)	/ 2 )
	=	-21.182	/	64.7885
	=	-32.69 %

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.

Bens Creek Group'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 )
=	19.011	/	( (66.038	+	63.539)	/ 2 )
=	19.011	/	64.7885
=	0.29

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.

Bens Creek Group Total Assets Related Terms

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Bens Creek Group (LSE:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (LSE:BEN) » Definitions » Total Assets

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Traded in Other Exchanges

BENCF:USA

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.