CT Automotive Group (LSE:CTA) Total Assets : £65.8 Mil (As of Jun. 2023)

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What is CT Automotive Group Total Assets?

CT Automotive Group's Total Assets for the quarter that ended in Jun. 2023 was £65.8 Mil.

During the past 12 months, CT Automotive Group's average Total Assets Growth Rate was -33.90% per year. During the past 3 years, the average Total Assets Growth Rate was -8.40% per year.

During the past 5 years, CT Automotive Group's highest 3-Year average Total Assets Growth Rate was 4.40%. The lowest was -8.40%. And the median was -2.00%.

Total Assets is connected with ROA %. CT Automotive Group's annualized ROA % for the quarter that ended in Jun. 2023 was 1.42%. Total Assets is also linked to Revenue through Asset Turnover. CT Automotive Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.83.

CT Automotive Group Total Assets Historical Data

The historical data trend for CT Automotive 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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CT Automotive Group Total Assets Chart

CT Automotive Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

67.36

81.72

77.45

81.62

64.97

CT Automotive Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial				85.53	81.62	95.19	64.97	65.76

CT Automotive 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.

CT Automotive Group's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	2.116	+	62.855
	=	65.0

CT Automotive Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	8.795	+	56.965
	=	65.8

CT Automotive Group (LSE:CTA) Total Assets Explanation

Total Assets is connected with ROA %.

CT Automotive Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.93	/	( (64.971	+	65.76)	/ 2 )
	=	0.93	/	65.3655
	=	1.42 %

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

CT Automotive Group's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	53.976	/	( (64.971	+	65.76)	/ 2 )
=	53.976	/	65.3655
=	0.83

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.

CT Automotive Group Total Assets Related Terms

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CT Automotive Group (LSE:CTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CT Automotive Group PLC (LSE:CTA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

X7X:Germany

Address

1000 Lakeside North Harbour, Western Road, Portsmouth, Hampshire, GBR, PO6 3EN

Website

https://www.ct-automotive.net

CT Automotive Group PLC designs develops and supplies interior components for the automotive industry. Customers include a few original equipment manufacturers and Tier One suppliers to OEMs. The group has an international manufacturing footprint with the majority of the production across three sites in China with additional sites in the UK, Czech Republic, and Turkey, as well as an engineering design office in India.