Gym Group (The) (LSE:GYM) Total Assets : £571.5 Mil (As of Dec. 2023)

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What is Gym Group (The) Total Assets?

Gym Group (The)'s Total Assets for the quarter that ended in Dec. 2023 was £571.5 Mil.

Warning Sign:

If a company builds assets at 4% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Gym Group (The)'s average Total Assets Growth Rate was -3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 2.50% per year. During the past 5 years, the average Total Assets Growth Rate was 4.00% per year. During the past 10 years, the average Total Assets Growth Rate was 21.60% per year.

During the past 12 years, Gym Group (The)'s highest 3-Year average Total Assets Growth Rate was 50.40%. The lowest was 2.50%. And the median was 12.80%.

Total Assets is connected with ROA %. Gym Group (The)'s annualized ROA % for the quarter that ended in Dec. 2023 was -0.80%. Total Assets is also linked to Revenue through Asset Turnover. Gym Group (The)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Gym Group (The) Total Assets Historical Data

The historical data trend for Gym Group (The)'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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Gym Group (The) Total Assets Chart

Gym Group (The) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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513.12

532.40

564.70

595.60

571.50

Gym Group (The) Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															564.70	585.40	595.60	578.00	571.50

Gym Group (The) 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.

Gym Group (The)'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 )
	=	128	+	443.5
	=	571.5

Gym Group (The)'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 )
	=	128	+	443.5
	=	571.5

Gym Group (The) (LSE:GYM) Total Assets Explanation

Total Assets is connected with ROA %.

Gym Group (The)'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 )
	=	-4.6	/	( (578	+	571.5)	/ 2 )
	=	-4.6	/	574.75
	=	-0.80 %

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.

Gym Group (The)'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 )
=	104.2	/	( (578	+	571.5)	/ 2 )
=	104.2	/	574.75
=	0.18

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.

Gym Group (The) Total Assets Related Terms

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Gym Group (The) (LSE:GYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gym Group (The) PLC (LSE:GYM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GYYMF:USA GYMl:UK 4GY:Germany

Address

12-16 Addiscombe Road, 5th Floor, OneCroydon, Croydon, GBR, CR0 0XT

Website

https://www.tggplc.com

Gym Group (The) PLC provides low-cost, 24/7 health and fitness facilities across the United Kingdom. The company offers flexible no-contract gym memberships, and it also ensures that all its sites have easy-access parking or are close to transportation hubs. The facilities include a wide variety of equipment as well to deliver value-for-the-money for its members. It generates the majority of its revenue from Membership income.

Gym Group (The) (LSE:GYM) Headlines

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