GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » Total Assets

Kitwave Group (LSE:KITW) Total Assets : £209.6 Mil (As of Oct. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Kitwave Group Total Assets?

Kitwave Group's Total Assets for the quarter that ended in Oct. 2023 was £209.6 Mil.

During the past 12 months, Kitwave Group's average Total Assets Growth Rate was 20.00% per year. During the past 3 years, the average Total Assets Growth Rate was 19.50% per year.

During the past 5 years, Kitwave Group's highest 3-Year average Total Assets Growth Rate was 19.50%. The lowest was 14.20%. And the median was 16.85%.

Total Assets is connected with ROA %. Kitwave Group's annualized ROA % for the quarter that ended in Oct. 2023 was 11.69%. Total Assets is also linked to Revenue through Asset Turnover. Kitwave Group's Asset Turnover for the quarter that ended in Oct. 2023 was 1.52.


Kitwave Group Total Assets Historical Data

The historical data trend for Kitwave 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.

Kitwave Group Total Assets Chart

Kitwave Group Annual Data
Trend Apr18 Apr19 Oct21 Oct22 Oct23
Total Assets
117.85 123.49 148.82 179.66 209.59

Kitwave Group Semi-Annual Data
Apr18 Apr19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Total Assets Get a 7-Day Free Trial 148.82 194.97 179.66 221.53 209.59

Kitwave 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.

Kitwave Group's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=84.445+125.14
=209.6

Kitwave Group's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=84.445+125.14
=209.6

* 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.


Kitwave Group  (LSE:KITW) Total Assets Explanation

Total Assets is connected with ROA %.

Kitwave Group's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=25.194/( (221.533+209.585)/ 2 )
=25.194/215.559
=11.69 %

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

Kitwave Group's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=327.27/( (221.533+209.585)/ 2 )
=327.27/215.559
=1.52

* 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.

Kitwave Group Total Assets Related Terms

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


Kitwave Group (LSE:KITW) Business Description

Traded in Other Exchanges
Address
Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ
Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

No Headlines