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A2B Australia (A2B Australia) Total Assets : $145.7 Mil (As of Dec. 2023)


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What is A2B Australia Total Assets?

A2B Australia's Total Assets for the quarter that ended in Dec. 2023 was $145.7 Mil.

During the past 12 months, A2B Australia's average Total Assets Growth Rate was -21.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.60% per year. During the past 10 years, the average Total Assets Growth Rate was -13.90% per year.

During the past 13 years, A2B Australia's highest 3-Year average Total Assets Growth Rate was 46.30%. The lowest was -30.00%. And the median was 5.60%.

Total Assets is connected with ROA %. A2B Australia's annualized ROA % for the quarter that ended in Dec. 2023 was 50.58%. Total Assets is also linked to Revenue through Asset Turnover. A2B Australia's Asset Turnover for the quarter that ended in Dec. 2023 was 0.37.


A2B Australia Total Assets Historical Data

The historical data trend for A2B Australia'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.

A2B Australia Total Assets Chart

A2B Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.24 131.59 136.08 125.14 124.05

A2B Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 130.34 125.14 114.81 124.05 145.69

A2B Australia 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.

A2B Australia'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 )
=76.662+47.391
=124.1

A2B Australia'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 )
=57.324+88.367
=145.7

* 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.


A2B Australia  (OTCPK:CGAAY) Total Assets Explanation

Total Assets is connected with ROA %.

A2B Australia'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 )
=68.22/( (124.052+145.691)/ 2 )
=68.22/134.8715
=50.58 %

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.

A2B Australia'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 )
=49.615/( (124.052+145.691)/ 2 )
=49.615/134.8715
=0.37

* 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.

A2B Australia Total Assets Related Terms

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A2B Australia (A2B Australia) Business Description

Traded in Other Exchanges
Address
9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015
A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

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