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Pier 12 Capital (ASX:AVC) Total Assets : A$35.16 Mil (As of Dec. 2024)


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What is Pier 12 Capital Total Assets?

Pier 12 Capital's Total Assets for the quarter that ended in Dec. 2024 was A$35.16 Mil.

Warning Sign:

If a company builds assets at 46% a year, faster than its revenue growth rate of 27.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Pier 12 Capital's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was 36.00% per year. During the past 5 years, the average Total Assets Growth Rate was 46.00% per year. During the past 10 years, the average Total Assets Growth Rate was 63.80% per year.

During the past 13 years, Pier 12 Capital's highest 3-Year average Total Assets Growth Rate was 178.30%. The lowest was -51.50%. And the median was 65.10%.

Total Assets is connected with ROA %. Pier 12 Capital's annualized ROA % for the quarter that ended in Dec. 2024 was 9.51%. Total Assets is also linked to Revenue through Asset Turnover. Pier 12 Capital's Asset Turnover for the quarter that ended in Dec. 2024 was 0.13.


Pier 12 Capital Total Assets Historical Data

The historical data trend for Pier 12 Capital'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.

Pier 12 Capital Total Assets Chart

Pier 12 Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 27.02 43.86 41.57 34.40

Pier 12 Capital Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.50 41.57 36.22 34.40 35.16

Pier 12 Capital 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.

Pier 12 Capital's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=26.75+7.645
=34.40

Pier 12 Capital's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=28.549+6.614
=35.16

* 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.


Pier 12 Capital  (ASX:AVC) Total Assets Explanation

Total Assets is connected with ROA %.

Pier 12 Capital's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=3.306/( (34.395+35.163)/ 2 )
=3.306/34.779
=9.51 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) 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.

Pier 12 Capital's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=4.493/( (34.395+35.163)/ 2 )
=4.493/34.779
=0.13

* 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.

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.

Pier 12 Capital Total Assets Related Terms

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Pier 12 Capital Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 23, Melbourne, VIC, AUS, 3000
Pier 12 Capital Ltd is a asset management company. It is focusing on opportunities across private equity, infrastructure and private real estate. Its core investment thesis is investing in sectors with tailwinds and potential to scale.

Pier 12 Capital Headlines

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