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Bell Financial Group (ASX:BFG) Total Assets : A$1,148.8 Mil (As of Dec. 2023)


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What is Bell Financial Group Total Assets?

Bell Financial Group's Total Assets for the quarter that ended in Dec. 2023 was A$1,148.8 Mil.

During the past 12 months, Bell Financial Group's average Total Assets Growth Rate was -3.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 8.50% per year. During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 13 years, Bell Financial Group's highest 3-Year average Total Assets Growth Rate was 25.80%. The lowest was -6.10%. And the median was 5.05%.

Total Assets is connected with ROA %. Bell Financial Group's annualized ROA % for the quarter that ended in Dec. 2023 was 2.09%. Total Assets is also linked to Revenue through Asset Turnover. Bell Financial Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.


Bell Financial Group Total Assets Historical Data

The historical data trend for Bell Financial 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.

* Premium members only.

Bell Financial Group Total Assets Chart

Bell Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,092.41 1,066.29 1,307.48 1,254.00 1,148.80

Bell Financial Group 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 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 1,307.48 1,622.09 1,254.00 1,390.59 1,148.80

Bell Financial 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.

Bell Financial 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 )
=235.443+913.361
=1,148.8

Bell Financial Group'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 )
=235.443+913.361
=1,148.8

* 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.


Bell Financial Group  (ASX:BFG) Total Assets Explanation

Total Assets is connected with ROA %.

Bell Financial Group'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 )
=26.504/( (1390.593+1148.804)/ 2 )
=26.504/1269.6985
=2.09 %

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.

Bell Financial Group'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 )
=113.492/( (1390.593+1148.804)/ 2 )
=113.492/1269.6985
=0.09

* 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.

Bell Financial Group Total Assets Related Terms

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Bell Financial Group (ASX:BFG) Business Description

Traded in Other Exchanges
N/A
Address
Level 29, 101 Collins Street, Melbourne, VIC, AUS, 3000
Bell Financial Group Ltd is a capital market service provider. The company is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are; Technology & Platforms segment includes Proprietary technology and platforms including online broking, Products & Services segment include Margin lending, Cash, Portfolio Administration, and Superannuation Solutions products and services, Retail segment includes traditional retail client broking (Retail client focus) and Institutional segment includes traditional wholesale client broking (Institutional and Wholesale client focus).

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