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Live Verdure (ASX:LV1) Total Assets : A$3.13 Mil (As of Dec. 2023)


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What is Live Verdure Total Assets?

Live Verdure's Total Assets for the quarter that ended in Dec. 2023 was A$3.13 Mil.

During the past 12 months, Live Verdure's average Total Assets Growth Rate was -29.20% per year. During the past 3 years, the average Total Assets Growth Rate was 75.60% per year.

During the past 4 years, Live Verdure's highest 3-Year average Total Assets Growth Rate was 75.60%. The lowest was 75.60%. And the median was 75.60%.

Total Assets is connected with ROA %. Live Verdure's annualized ROA % for the quarter that ended in Dec. 2023 was -350.14%. Total Assets is also linked to Revenue through Asset Turnover. Live Verdure's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.

Live Verdure Total Assets Historical Data

The historical data trend for Live Verdure'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.

Live Verdure Total Assets Chart

Live Verdure Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Assets
5.59 4.17 1.29 2.49

Live Verdure Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 3.10 1.29 3.02 2.49 3.13

Live Verdure 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.

Live Verdure'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 )
=0.923+1.57
=2.49

Live Verdure'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 )
=2.563+0.568
=3.13

* 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.

Live Verdure  (ASX:LV1) Total Assets Explanation

Total Assets is connected with ROA %.

Live Verdure'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 )
=-9.846/( (2.493+3.131)/ 2 )
=-9.846/2.812
=-350.14 %

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.

Live Verdure'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 )
=1.098/( (2.493+3.131)/ 2 )
=1.098/2.812
=0.39

* 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.

Live Verdure Total Assets Related Terms

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Live Verdure (ASX:LV1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Live Verdure Ltd (ASX:LV1) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Website
http://www.liveverdure.com.au
Live Verdure Ltd is an Australian Health, Wellness and Skincare company making a range of naturally-based products with effective active ingredients. Its products are predominantly sold Direct-to-Consumer (D2C), using the Company's websites. The Company is engaged in providing hemp-based products under 13 seeds brand name. The company focuses on development of Australian hemp food, beauty and nutraceutical products.

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