MTI Wireless Edge (LSE:MWE) Total Assets : £34.85 Mil (As of Mar. 2024)

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What is MTI Wireless Edge Total Assets?

MTI Wireless Edge's Total Assets for the quarter that ended in Mar. 2024 was £34.85 Mil.

Warning Sign:

If a company builds assets at 9% a year, faster than its revenue growth rate of 5.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MTI Wireless Edge's average Total Assets Growth Rate was 5.60% per year. During the past 3 years, the average Total Assets Growth Rate was 13.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.00% per year. During the past 10 years, the average Total Assets Growth Rate was 10.10% per year.

During the past 13 years, MTI Wireless Edge's highest 3-Year average Total Assets Growth Rate was 24.80%. The lowest was -0.50%. And the median was 12.40%.

Total Assets is connected with ROA %. MTI Wireless Edge's annualized ROA % for the quarter that ended in Mar. 2024 was 8.36%. Total Assets is also linked to Revenue through Asset Turnover. MTI Wireless Edge's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

MTI Wireless Edge Total Assets Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Total Assets Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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26.13

26.88

30.79

33.22

35.32

MTI Wireless Edge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															33.22	33.78	30.52	35.32	34.85

MTI Wireless Edge 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.

MTI Wireless Edge'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 )
	=	23.109	+	12.206
	=	35.32

MTI Wireless Edge's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	23.433	+	11.416
	=	34.85

MTI Wireless Edge (LSE:MWE) Total Assets Explanation

Total Assets is connected with ROA %.

MTI Wireless Edge's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	2.932	/	( (35.315	+	34.849)	/ 2 )
	=	2.932	/	35.082
	=	8.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

MTI Wireless Edge's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	8.846	/	( (35.315	+	34.849)	/ 2 )
=	8.846	/	35.082
=	0.25

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.

MTI Wireless Edge Total Assets Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTI Wireless Edge Ltd (LSE:MWE) » Definitions » Total Assets

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M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.