EQT Holdings (ASX:EQT) Total Assets : A$523.9 Mil (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

What is EQT Holdings Total Assets?

EQT Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$523.9 Mil.

Warning Sign:

If a company builds assets at 7.9% a year, faster than its revenue growth rate of 4.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, EQT Holdings's average Total Assets Growth Rate was 3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 16.70% per year. During the past 5 years, the average Total Assets Growth Rate was 7.90% per year. During the past 10 years, the average Total Assets Growth Rate was 15.40% per year.

During the past 13 years, EQT Holdings's highest 3-Year average Total Assets Growth Rate was 58.70%. The lowest was -20.50%. And the median was 5.35%.

Total Assets is connected with ROA %. EQT Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 4.88%. Total Assets is also linked to Revenue through Asset Turnover. EQT Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

EQT Holdings Total Assets Historical Data

The historical data trend for EQT Holdings'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.

EQT Holdings Total Assets Chart

EQT Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

309.55

342.67

353.83

371.15

511.91

EQT Holdings 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															367.07	371.15	501.92	511.91	523.89

EQT Holdings 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.

EQT Holdings'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 )
	=	399.53	+	112.384
	=	511.9

EQT Holdings'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 )
	=	400.775	+	123.118
	=	523.9

EQT Holdings (ASX:EQT) Total Assets Explanation

Total Assets is connected with ROA %.

EQT Holdings'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 )
	=	25.256	/	( (511.914	+	523.893)	/ 2 )
	=	25.256	/	517.9035
	=	4.88 %

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.

EQT Holdings'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 )
=	81.181	/	( (511.914	+	523.893)	/ 2 )
=	81.181	/	517.9035
=	0.16

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.

EQT Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of EQT Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

EQT Holdings (ASX:EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT Holdings Ltd (ASX:EQT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

575 Bourke Street, Level 1, Melbourne, VIC, AUS, 3000

Website

https://www.eqt.com.au

EQT Holdings Ltd is an independent trustee and executor company. The company's operating segment includes Trustee and Wealth Services and SuperannuationTrustee Services. It generates maximum revenue from Trustee and Wealth Services. The Trustee & wealth Services segment provides a range of private client, philanthropic and superannuation services including estate planning and management; charitable, compensation, community and personal trust services, wealth management and advice. It has a presence in Australia, the United Kingdom, and Ireland.