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Aerkomm's Total Assets for the quarter that ended in Sep. 2023 was $84.84 Mil.
During the past 12 months, Aerkomm's average Total Assets Growth Rate was 37.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 31.00% per year.
During the past 10 years, Aerkomm's highest 3-Year average Total Assets Growth Rate was 71.60%. The lowest was 4.60%. And the median was 7.80%.
Total Assets is connected with ROA %. Aerkomm's annualized ROA % for the quarter that ended in Sep. 2023 was -33.16%. Total Assets is also linked to Revenue through Asset Turnover. Aerkomm's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.
The historical data trend for Aerkomm'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.
Aerkomm Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 47.38 | 49.99 | 56.72 | 55.19 | 70.64 |
Aerkomm Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Total Assets | Get a 7-Day Free Trial | 63.81 | 70.64 | 67.77 | 70.15 | 84.84 |
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.
Aerkomm's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
Total Assets | = | Total Equity (A: Dec. 2022 ) | + | Total Liabilities (A: Dec. 2022 ) |
= | 25.068 | + | 45.573 | |
= | 70.64 |
Aerkomm's Total Assets for the quarter that ended in Sep. 2023 is calculated as
Total Assets | = | Total Equity (Q: Sep. 2023 ) | + | Total Liabilities (Q: Sep. 2023 ) |
= | 30.025 | + | 54.817 | |
= | 84.84 |
* 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.
Aerkomm (OTCPK:AKOM) Total Assets Explanation
Total Assets is connected with ROA %.
Aerkomm's annualized ROA % for the quarter that ended in Sep. 2023 is
ROA % | = | Net Income (Q: Sep. 2023 ) | / | ( (Total Assets (Q: Jun. 2023 ) | + | Total Assets (Q: Sep. 2023 )) | / count ) |
= | -25.696 | / | ( (70.148 | + | 84.842) | / 2 ) | |
= | -25.696 | / | 77.495 | ||||
= | -33.16 % |
Note: The Net Income data used here is four times the quarterly (Sep. 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.
Aerkomm's Asset Turnover for the quarter that ended in Sep. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Sep. 2023 ) | / | ( (Total Assets (Q: Jun. 2023 ) | + | Total Assets (Q: Sep. 2023 )) | / count ) |
= | 0.062 | / | ( (70.148 | + | 84.842) | / 2 ) |
= | 0.062 | / | 77.495 | |||
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Aerkomm's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Leroy Yau | 10 percent owner | UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000 |
World Praise Ltd | 10 percent owner | C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000 |
Richmond Akumiah | director | 4 TUNISON LANE, BRIDGEWATER NJ 08807 |
Yuyun Tristan Kuo | officer: Chief Financial Officer | 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312 |
Well Thrive Ltd | 10 percent owner | NO. 79, HENG YANG ROAD, TAIPEI F5 100 |
Sheng-chun Chang | 10 percent owner | NO. 79, HENG YANG ROAD, TAIPEI F5 100 |
Jeffrey Wun | director, 10 percent owner, officer: CEO, President and Chairman | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Chih-ming Hsu | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
James J. Busuttil | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Lim Colin | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Raymond Choy | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Jan-yuan Lin | director | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Dmedia Llc | 10 percent owner | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
Dmedia Holding Lp | 10 percent owner | C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451 |
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