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Altisource Asset Management (Altisource Asset Management) Total Assets : $25.54 Mil (As of Dec. 2023)


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What is Altisource Asset Management Total Assets?

Altisource Asset Management's Total Assets for the quarter that ended in Dec. 2023 was $25.54 Mil.

During the past 12 months, Altisource Asset Management's average Total Assets Growth Rate was -84.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.00% per year. During the past 5 years, the average Total Assets Growth Rate was 28.90% per year. During the past 10 years, the average Total Assets Growth Rate was -38.10% per year.

During the past 12 years, Altisource Asset Management's highest 3-Year average Total Assets Growth Rate was 1328.30%. The lowest was -86.10%. And the median was 14.70%.

Total Assets is connected with ROA %. Altisource Asset Management's annualized ROA % for the quarter that ended in Dec. 2023 was -129.99%. Total Assets is also linked to Revenue through Asset Turnover. Altisource Asset Management's Asset Turnover for the quarter that ended in Dec. 2023 was -0.22.


Altisource Asset Management Total Assets Historical Data

The historical data trend for Altisource Asset Management'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.

Altisource Asset Management Total Assets Chart

Altisource Asset Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.25 99.75 81.48 117.65 25.54

Altisource Asset Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.65 103.32 99.02 50.00 25.54

Altisource Asset Management 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.

Altisource Asset Management'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 )
=-125.843+151.382
=25.54

Altisource Asset Management'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 )
=-125.843+151.382
=25.54

* 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.


Altisource Asset Management  (AMEX:AAMC) Total Assets Explanation

Total Assets is connected with ROA %.

Altisource Asset Management's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-49.096/( (50.001+25.539)/ 2 )
=-49.096/37.77
=-129.99 %

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

Altisource Asset Management's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-8.22/( (50.001+25.539)/ 2 )
=-8.22/37.77
=-0.22

* 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.

Altisource Asset Management Total Assets Related Terms

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Altisource Asset Management (Altisource Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
5100 Tamarind Reef, Christiansted, VIR, 00820
Altisource Asset Management Corp is an asset management company. It provides asset management, portfolio management, and corporate governance services to investment vehicles that own real estate-related assets. The firm's business is to provide its services to the client in a manner that builds long-term value and a stable income stream while generating management fees for the firm and developing additional investment strategies and vehicles.
Executives
King Theodore Walker Cheng-de 10 percent owner UNIT 1502, 15TH FLOOR, 99 HENNESSY ROAD, WANCHAI K3 999077
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Elsie Elaine Erbey 10 percent owner P.O. BOX AP-59223, PMB 3406, NASSAU C5 00000
Jason A Kopcak officer: President/COO 112 TRADD ST, CHARLESTON SC 29401
Ricardo Byrd director C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
De Jongh John P Jr. director C/O ALTISOURCE ASSET MANAGEMENT, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Stephen Ramiro Krallman officer: CFO and Principal Acct Officer 3217 PLAZA DE RAFAEL, LAS VEGAS NV 89102
Kevin Francis Sullivan officer: Gen Counsel/Chief Compliance 30 BATTLEBROOK LN, PRINCETON NJ 08540
Thomas K Mccarthy officer: Interim CEO 800 JUNO OCEAN WALK UNIT 104A, JUNO BEACH FL 33408
Paris Graham Singer officer: General Counsel and Secretary 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Christopher D. Moltke-hansen officer: Chief Financial Officer C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Indroneel Chatterjee director, officer: Co-Chief Executive Officer 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
John A. Engerman director C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
William C Erbey 10 percent owner PO BOX 25437, CHRISTIANSTED VI 00824
Dale Kurland director C/O ALTISOURCE ASSET MANAGEMENT CORP, 402 STRAND STREET, FREDERIKSTED, ST. CROIX VI 00840