Audioboom Group (LSE:BOOM) Total Assets : £20.38 Mil (As of Jun. 2023)

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What is Audioboom Group Total Assets?

Audioboom Group's Total Assets for the quarter that ended in Jun. 2023 was £20.38 Mil.

During the past 12 months, Audioboom Group's average Total Assets Growth Rate was -10.10% per year. During the past 3 years, the average Total Assets Growth Rate was 32.20% per year. During the past 5 years, the average Total Assets Growth Rate was 31.20% per year. During the past 10 years, the average Total Assets Growth Rate was 111.60% per year.

During the past 13 years, Audioboom Group's highest 3-Year average Total Assets Growth Rate was 545.00%. The lowest was -92.00%. And the median was 52.10%.

Total Assets is connected with ROA %. Audioboom Group's annualized ROA % for the quarter that ended in Jun. 2023 was -76.24%. Total Assets is also linked to Revenue through Asset Turnover. Audioboom Group's Asset Turnover for the quarter that ended in Jun. 2023 was 1.14.

Audioboom Group Total Assets Historical Data

The historical data trend for Audioboom Group'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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Audioboom Group Total Assets Chart

Audioboom Group Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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8.05

9.08

20.34

23.71

18.31

Audioboom Group Semi-Annual Data
	Mar12	May13	Nov13	May15	Nov15	May16	Nov16	May17	Nov17	May18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															20.34	24.79	23.71	20.38	18.31

Audioboom Group 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.

Audioboom Group'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 )
	=	1.714	+	16.596
	=	18.31

Audioboom Group'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 )
	=	7.402	+	12.976
	=	20.38

Audioboom Group (LSE:BOOM) Total Assets Explanation

Total Assets is connected with ROA %.

Audioboom Group'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 )
	=	-16.808	/	( (23.712	+	20.378)	/ 2 )
	=	-16.808	/	22.045
	=	-76.24 %

Note: The Net Income data used here is two times the semi-annual (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.

Audioboom Group'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 )
=	25.192	/	( (23.712	+	20.378)	/ 2 )
=	25.192	/	22.045
=	1.14

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.

Audioboom Group Total Assets Related Terms

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Audioboom Group (LSE:BOOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Audioboom Group PLC (LSE:BOOM) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

IFC5, Saint Helier, JEY, JE1 1ST

Website

https://www.audioboomplc.com

Audioboom Group PLC is a podcast company that operates spoken-word audio platforms and a digital online marketplace for hosting, distributing, and monetizing content. It works with broadcasters, content creators, and podcasters around the world. The company has operational footprints across the United Kingdom, the Rest of the World, and the USA. The company's hosting and distribution platform allows partners to embed, share via social channels, and re-syndicate their content.