Ambow Education Holding (Ambow Education Holding) Total Assets : $28.76 Mil (As of Jun. 2023)

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What is Ambow Education Holding Total Assets?

Ambow Education Holding's Total Assets for the quarter that ended in Jun. 2023 was $28.76 Mil.

During the past 12 months, Ambow Education Holding's average Total Assets Growth Rate was -29.20% per year. During the past 3 years, the average Total Assets Growth Rate was -48.90% per year. During the past 5 years, the average Total Assets Growth Rate was -31.00% per year. During the past 10 years, the average Total Assets Growth Rate was -17.20% per year.

During the past 13 years, Ambow Education Holding's highest 3-Year average Total Assets Growth Rate was 82.90%. The lowest was -48.90%. And the median was -6.80%.

Total Assets is connected with ROA %. Ambow Education Holding's annualized ROA % for the quarter that ended in Jun. 2023 was -14.75%. Total Assets is also linked to Revenue through Asset Turnover. Ambow Education Holding's Asset Turnover for the quarter that ended in Jun. 2023 was 0.10.

Ambow Education Holding Total Assets Historical Data

The historical data trend for Ambow Education Holding'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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Ambow Education Holding Total Assets Chart

Ambow Education Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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145.90

160.67

152.20

25.52

20.57

Ambow Education Holding Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															152.20	136.36	25.52	28.76	20.57

Ambow Education Holding 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.

Ambow Education Holding'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 )
	=	6.428	+	14.138
	=	20.57

Ambow Education Holding's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	7.422	+	21.337
	=	28.76

Ambow Education Holding (AMEX:AMBO) Total Assets Explanation

Total Assets is connected with ROA %.

Ambow Education Holding's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-4.004	/	( (25.516	+	28.759)	/ 2 )
	=	-4.004	/	27.1375
	=	-14.75 %

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

Ambow Education Holding's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	2.728	/	( (25.516	+	28.759)	/ 2 )
=	2.728	/	27.1375
=	0.10

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.

Ambow Education Holding Total Assets Related Terms

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Ambow Education Holding (Ambow Education Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ambow Education Holding Ltd (AMEX:AMBO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19925 Stevens Creek Boulevard, Cupertino, CA, USA, 95014

Website

https://www.ambow.com

Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. It operates through CP&CE Programs. The CP&CE Programs include tutoring services and career enhancement services. Geographically all the operations function in United States and Foreign countries.