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Doric Nimrod Air Three (LSE:DNA3) Total Assets : £195.02 Mil (As of Sep. 2023)


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What is Doric Nimrod Air Three Total Assets?

Doric Nimrod Air Three's Total Assets for the quarter that ended in Sep. 2023 was £195.02 Mil.

During the past 12 months, Doric Nimrod Air Three's average Total Assets Growth Rate was -16.40% per year. During the past 3 years, the average Total Assets Growth Rate was -20.40% per year. During the past 5 years, the average Total Assets Growth Rate was -19.00% per year.

During the past 7 years, Doric Nimrod Air Three's highest 3-Year average Total Assets Growth Rate was -10.80%. The lowest was -22.00%. And the median was -18.75%.

Total Assets is connected with ROA %. Doric Nimrod Air Three's annualized ROA % for the quarter that ended in Sep. 2023 was 23.80%. Total Assets is also linked to Revenue through Asset Turnover. Doric Nimrod Air Three's Asset Turnover for the quarter that ended in Sep. 2023 was 0.19.


Doric Nimrod Air Three Total Assets Historical Data

The historical data trend for Doric Nimrod Air Three'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.

* Premium members only.

Doric Nimrod Air Three Total Assets Chart

Doric Nimrod Air Three Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial 502.69 399.62 306.51 246.13 208.57

Doric Nimrod Air Three Semi-Annual Data
Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 289.68 246.13 230.79 208.57 195.02

Doric Nimrod Air Three 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 Three'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 )
=71.237+137.336
=208.57

Doric Nimrod Air Three'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 )
=86.171+108.849
=195.02

* 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.


Doric Nimrod Air Three  (LSE:DNA3) Total Assets Explanation

Total Assets is connected with ROA %.

Doric Nimrod Air Three'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 )
=48.02/( (208.572+195.021)/ 2 )
=48.02/201.7965
=23.80 %

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 Three'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 )
=38.095/( (208.572+195.021)/ 2 )
=38.095/201.7965
=0.19

* 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.

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 Three Total Assets Related Terms

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Doric Nimrod Air Three (LSE:DNA3) Business Description

Traded in Other Exchanges
N/A
Address
Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 4EU
Doric Nimrod Air Three 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 is engaged in a single segment of business, being acquiring, leasing and then selling of the Aircraft. The company has four Airbus A380 aircraft, which it is leasing to Emirates Airline.

Doric Nimrod Air Three (LSE:DNA3) Headlines

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