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Ultimate Products (LSE:ULTP) Total Assets : £105.9 Mil (As of Jan. 2024)


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What is Ultimate Products Total Assets?

Ultimate Products's Total Assets for the quarter that ended in Jan. 2024 was £105.9 Mil.

Warning Sign:

If a company builds assets at 27.8% a year, faster than its revenue growth rate of 10.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ultimate Products's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 38.00% per year. During the past 5 years, the average Total Assets Growth Rate was 27.80% per year.

During the past 10 years, Ultimate Products's highest 3-Year average Total Assets Growth Rate was 38.00%. The lowest was 16.50%. And the median was 24.10%.

Total Assets is connected with ROA %. Ultimate Products's annualized ROA % for the quarter that ended in Jan. 2024 was 13.19%. Total Assets is also linked to Revenue through Asset Turnover. Ultimate Products's Asset Turnover for the quarter that ended in Jan. 2024 was 0.78.


Ultimate Products Total Assets Historical Data

The historical data trend for Ultimate Products'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.

Ultimate Products Total Assets Chart

Ultimate Products Annual Data
Trend Apr14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.72 40.16 91.45 115.09 109.73

Ultimate Products Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.01 115.09 110.15 109.73 105.93

Ultimate Products 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.

Ultimate Products'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 )
=46.139+63.587
=109.7

Ultimate Products'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 )
=49.899+56.028
=105.9

* 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.


Ultimate Products  (LSE:ULTP) Total Assets Explanation

Total Assets is connected with ROA %.

Ultimate Products'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 )
=14.224/( (109.726+105.927)/ 2 )
=14.224/107.8265
=13.19 %

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.

Ultimate Products'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 )
=84.179/( (109.726+105.927)/ 2 )
=84.179/107.8265
=0.78

* 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.

Ultimate Products Total Assets Related Terms

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Ultimate Products (LSE:ULTP) Business Description

Traded in Other Exchanges
Address
Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD
Ultimate Products PLC design, develop and distribute homeware products across its key brands, including household names Salter and Beldray. It has Products divisons such as Cookshop, Audio, Laundry, Electrical SDA, Tabletop, Luggage, Heating and Cooling. The company operates in United Kingdom, Europe and the rest of the world.

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