Doric Nimrod Air Two (LSE:DNA2) Total Assets : £283.5 Mil (As of Sep. 2023)

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What is Doric Nimrod Air Two Total Assets?

Doric Nimrod Air Two's Total Assets for the quarter that ended in Sep. 2023 was £283.5 Mil.

During the past 12 months, Doric Nimrod Air Two's average Total Assets Growth Rate was -19.40% per year. During the past 3 years, the average Total Assets Growth Rate was -22.50% per year. During the past 5 years, the average Total Assets Growth Rate was -20.50% per year. During the past 10 years, the average Total Assets Growth Rate was -11.70% per year.

During the past 12 years, Doric Nimrod Air Two's highest 3-Year average Total Assets Growth Rate was 46.20%. The lowest was -23.60%. And the median was -5.20%.

Total Assets is connected with ROA %. Doric Nimrod Air Two's annualized ROA % for the quarter that ended in Sep. 2023 was 20.99%. Total Assets is also linked to Revenue through Asset Turnover. Doric Nimrod Air Two's Asset Turnover for the quarter that ended in Sep. 2023 was 0.20.

Doric Nimrod Air Two Total Assets Historical Data

The historical data trend for Doric Nimrod Air Two'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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Doric Nimrod Air Two Total Assets Chart

Doric Nimrod Air Two Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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786.94

631.97

481.85

367.17

310.66

Doric Nimrod Air Two Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial														450.61	367.17	340.85	310.66	283.54

Doric Nimrod Air Two 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.

Doric Nimrod Air Two'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 )
	=	198.751	+	111.905
	=	310.7

Doric Nimrod Air Two'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 )
	=	214.386	+	69.157
	=	283.5

Doric Nimrod Air Two (LSE:DNA2) Total Assets Explanation

Total Assets is connected with ROA %.

Doric Nimrod Air Two'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 )
	=	62.366	/	( (310.656	+	283.543)	/ 2 )
	=	62.366	/	297.0995
	=	20.99 %

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.

Doric Nimrod Air Two'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 )
=	60.093	/	( (310.656	+	283.543)	/ 2 )
=	60.093	/	297.0995
=	0.20

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.

Doric Nimrod Air Two Total Assets Related Terms

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Doric Nimrod Air Two (LSE:DNA2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Doric Nimrod Air Two Ltd (LSE:DNA2) » Definitions » Total Assets

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Address

Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 2HT

Website

http://www.dnairtwo.com

Doric Nimrod Air Two Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The company has seven Airbus A380-861 aircraft all of which are on long-term leases with Emirates Airlines. The Group is engaged in a single segment of business, acquiring, leasing and then selling of Aircraft.

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