Service Stream (ASX:SSM) Total Assets : A$1,073 Mil (As of Dec. 2023)

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What is Service Stream Total Assets?

Service Stream's Total Assets for the quarter that ended in Dec. 2023 was A$1,073 Mil.

Warning Sign:

If a company builds assets at 26.1% a year, faster than its revenue growth rate of 11% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Service Stream's average Total Assets Growth Rate was 3.60% per year. During the past 3 years, the average Total Assets Growth Rate was 25.50% per year. During the past 5 years, the average Total Assets Growth Rate was 26.10% per year. During the past 10 years, the average Total Assets Growth Rate was 15.20% per year.

During the past 13 years, Service Stream's highest 3-Year average Total Assets Growth Rate was 175.70%. The lowest was -15.20%. And the median was 13.60%.

Total Assets is connected with ROA %. Service Stream's annualized ROA % for the quarter that ended in Dec. 2023 was 2.36%. Total Assets is also linked to Revenue through Asset Turnover. Service Stream's Asset Turnover for the quarter that ended in Dec. 2023 was 1.05.

Service Stream Total Assets Historical Data

The historical data trend for Service Stream'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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Service Stream Total Assets Chart

Service Stream Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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607.17

588.68

547.43

1,049.66

1,091.11

Service Stream 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															1,029.54	1,049.66	1,068.84	1,091.11	1,072.54

Service Stream 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.

Service Stream'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 )
	=	465.358	+	625.749
	=	1,091

Service Stream'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 )
	=	473.171	+	599.368
	=	1,073

Service Stream (ASX:SSM) Total Assets Explanation

Total Assets is connected with ROA %.

Service Stream'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 )
	=	25.532	/	( (1091.107	+	1072.539)	/ 2 )
	=	25.532	/	1081.823
	=	2.36 %

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.

Service Stream'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 )
=	1132.524	/	( (1091.107	+	1072.539)	/ 2 )
=	1132.524	/	1081.823
=	1.05

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.

Service Stream Total Assets Related Terms

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Service Stream (ASX:SSM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Service Stream Ltd (ASX:SSM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

UFY:Germany

Address

357 Collins Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.servicestream.com.au

Service Stream Ltd is engaged in the provision of telecommunications and network services. The operating business segments are Telecommunications and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Utilities segment provide operations, maintenance, design and construction services, as well as specialist metering, new energy and inspection services to the gas, water and electricity network owners and others. It generates revenue from the provision of ticket of work services, delivery of projects, cost reimbursable contracts and overhead recovery.

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