Future Generation Global Investment Co (ASX:FGG) Total Assets : A$572.31 Mil (As of Dec. 2023)

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What is Future Generation Global Investment Co Total Assets?

Future Generation Global Investment Co's Total Assets for the quarter that ended in Dec. 2023 was A$572.31 Mil.

During the past 12 months, Future Generation Global Investment Co's average Total Assets Growth Rate was -6.20% per year. During the past 3 years, the average Total Assets Growth Rate was -81.60% per year. During the past 5 years, the average Total Assets Growth Rate was -65.40% per year.

During the past 7 years, Future Generation Global Investment Co's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was -81.60%. And the median was -30.30%.

Total Assets is connected with ROA %. Future Generation Global Investment Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.40%. Total Assets is also linked to Revenue through Asset Turnover. Future Generation Global Investment Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Future Generation Global Investment Co Total Assets Historical Data

The historical data trend for Future Generation Global Investment Co'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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Future Generation Global Investment Co Total Assets Chart

Future Generation Global Investment Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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583.05

643.60

690.20

522.46

572.31

Future Generation Global Investment Co Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										690.20	534.48	522.46	581.05	572.31

Future Generation Global Investment Co 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.

Future Generation Global Investment Co'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 )
	=	546.346	+	25.959
	=	572.31

Future Generation Global Investment Co'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 )
	=	546.346	+	25.959
	=	572.31

Future Generation Global Investment Co (ASX:FGG) Total Assets Explanation

Total Assets is connected with ROA %.

Future Generation Global Investment Co'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 )
	=	13.818	/	( (581.046	+	572.305)	/ 2 )
	=	13.818	/	576.6755
	=	2.40 %

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.

Future Generation Global Investment Co'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 )
=	15.476	/	( (581.046	+	572.305)	/ 2 )
=	15.476	/	576.6755
=	0.03

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.

Future Generation Global Investment Co Total Assets Related Terms

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Future Generation Global Investment Co (ASX:FGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Future Generation Global Investment Co Ltd (ASX:FGG) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000

Website

https://www.futuregeninvest.com.au

Future Generation Global Investment Co Ltd provides diversified exposure to global equities while also helping to improve the lives of young Australians affected by mental health issues. The company has one reporting segment. It is engaged primarily in investing in unlisted unit trusts and deriving income from cash and cash equivalents.

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