Seraphim Space Investment Trust (LSE:SSIT) Total Assets : £224.80 Mil (As of Dec. 2023)

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What is Seraphim Space Investment Trust Total Assets?

Seraphim Space Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was £224.80 Mil.

During the past 12 months, Seraphim Space Investment Trust's average Total Assets Growth Rate was 9.20% per year.

Total Assets is connected with ROA %. Seraphim Space Investment Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 2.61%. Total Assets is also linked to Revenue through Asset Turnover. Seraphim Space Investment Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Seraphim Space Investment Trust Total Assets Historical Data

The historical data trend for Seraphim Space Investment Trust'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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Seraphim Space Investment Trust Total Assets Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Total Assets

243.85

222.83

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	252.90	243.85	222.25	222.83	224.80

Seraphim Space Investment Trust 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.

Seraphim Space Investment Trust's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	222.397	+	0.428
	=	222.83

Seraphim Space Investment Trust'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 )
	=	224.328	+	0.473
	=	224.80

Seraphim Space Investment Trust (LSE:SSIT) Total Assets Explanation

Total Assets is connected with ROA %.

Seraphim Space Investment Trust'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 )
	=	5.836	/	( (222.825	+	224.801)	/ 2 )
	=	5.836	/	223.813
	=	2.61 %

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.

Seraphim Space Investment Trust'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 )
=	3.69	/	( (222.825	+	224.801)	/ 2 )
=	3.69	/	223.813
=	0.02

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.

Seraphim Space Investment Trust Total Assets Related Terms

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Seraphim Space Investment Trust (LSE:SSIT) Business Description

Industry

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Traded in Other Exchanges

SSITl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.