Strix Group (LSE:KETL) Total Assets : £194.1 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Strix Group Total Assets?

Strix Group's Total Assets for the quarter that ended in Dec. 2023 was £194.1 Mil.

Warning Sign:

If a company builds assets at 41.2% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Strix Group's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 19.20% per year. During the past 5 years, the average Total Assets Growth Rate was 41.20% per year. During the past 10 years, the average Total Assets Growth Rate was -9.90% per year.

During the past 11 years, Strix Group's highest 3-Year average Total Assets Growth Rate was 52.20%. The lowest was -55.60%. And the median was 13.45%.

Total Assets is connected with ROA %. Strix Group's annualized ROA % for the quarter that ended in Dec. 2023 was 12.60%. Total Assets is also linked to Revenue through Asset Turnover. Strix Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.40.

Strix Group Total Assets Historical Data

The historical data trend for Strix 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.

* Premium members only.

Strix Group Total Assets Chart

Strix Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

65.08

118.29

138.48

209.21

194.08

Strix Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											138.48	139.42	209.21	198.03	194.08

Strix 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.

Strix Group'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 )
	=	43.034	+	151.046
	=	194.1

Strix Group'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 )
	=	43.034	+	151.046
	=	194.1

Strix Group (LSE:KETL) Total Assets Explanation

Total Assets is connected with ROA %.

Strix Group'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 )
	=	24.694	/	( (198.034	+	194.08)	/ 2 )
	=	24.694	/	196.057
	=	12.60 %

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.

Strix Group'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 )
=	79.368	/	( (198.034	+	194.08)	/ 2 )
=	79.368	/	196.057
=	0.40

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.

Strix Group Total Assets Related Terms

Thank you for viewing the detailed overview of Strix Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Strix Group (LSE:KETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strix Group PLC (LSE:KETL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SG9:Germany

Address

Forrest House, Ronaldsway, IMN, IM9 2RG

Website

https://www.strixplc.com

Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

Strix Group (LSE:KETL) Headlines

No Headlines