Orchard Funding Group (LSE:ORCH) Total Assets : £66.14 Mil (As of Jan. 2024)

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What is Orchard Funding Group Total Assets?

Orchard Funding Group's Total Assets for the quarter that ended in Jan. 2024 was £66.14 Mil.

Warning Sign:

If a company builds assets at 12.8% a year, faster than its revenue growth rate of 6.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Orchard Funding Group's average Total Assets Growth Rate was 32.80% per year. During the past 3 years, the average Total Assets Growth Rate was 29.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.80% per year. During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.

During the past 12 years, Orchard Funding Group's highest 3-Year average Total Assets Growth Rate was 38.10%. The lowest was -1.30%. And the median was 13.80%.

Total Assets is connected with ROA %. Orchard Funding Group's annualized ROA % for the quarter that ended in Jan. 2024 was 2.52%. Total Assets is also linked to Revenue through Asset Turnover. Orchard Funding Group's Asset Turnover for the quarter that ended in Jan. 2024 was 0.07.

Orchard Funding Group Total Assets Historical Data

The historical data trend for Orchard Funding 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.

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Orchard Funding Group Total Assets Chart

Orchard Funding Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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34.59

29.89

32.44

48.84

61.88

Orchard Funding Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Assets	Get a 7-Day Free Trial															40.61	48.84	51.55	61.88	66.14

Orchard Funding 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.

Orchard Funding Group's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	17.749	+	44.128
	=	61.88

Orchard Funding Group's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	18.128	+	48.013
	=	66.14

Orchard Funding Group (LSE:ORCH) Total Assets Explanation

Total Assets is connected with ROA %.

Orchard Funding Group's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	1.612	/	( (61.877	+	66.141)	/ 2 )
	=	1.612	/	64.009
	=	2.52 %

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

Orchard Funding Group's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	4.646	/	( (61.877	+	66.141)	/ 2 )
=	4.646	/	64.009
=	0.07

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.

Orchard Funding Group Total Assets Related Terms

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Orchard Funding Group (LSE:ORCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orchard Funding Group PLC (LSE:ORCH) » Definitions » Total Assets

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Address

721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU

Website

https://www.orchardfundinggroupplc.com

Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

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