Spheria Emerging Co (ASX:SEC) Total Assets

: A$135.05 Mil (As of Jun. 2023)

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Spheria Emerging Co's Total Assets for the quarter that ended in Jun. 2023 was A$135.05 Mil.

During the past 12 months, Spheria Emerging Co's average Total Assets Growth Rate was 2507.40% per year.

Total Assets is connected with ROA %. Spheria Emerging Co's annualized ROA % for the quarter that ended in Jun. 2023 was 5.01%. Total Assets is also linked to Revenue through Asset Turnover. Spheria Emerging Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.07.

Spheria Emerging Co Total Assets Historical Data

The historical data trend for Spheria Emerging 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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Spheria Emerging Co Annual Data

Trend

Aug17

Jun18

Jun23

Total Assets

250.00

144.65

135.05

Spheria Emerging Co Semi-Annual Data
	Aug17	Jun23
Total Assets	250.00	135.05

Spheria Emerging 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.

Spheria Emerging Co's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	133.43	+	1.619
	=	135.05

Spheria Emerging Co'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 )
	=	133.43	+	1.619
	=	135.05

Spheria Emerging Co (ASX:SEC) Total Assets Explanation

Total Assets is connected with ROA %.

Spheria Emerging Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Aug. 2017 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	9.638	/	( (250	+	135.049)	/ 2 )
	=	9.638	/	192.5245
	=	5.01 %

Note: The Net Income data used here is one times the 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.

Spheria Emerging Co's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Aug. 2017 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	13.857	/	( (250	+	135.049)	/ 2 )
=	13.857	/	192.5245
=	0.07

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.

Spheria Emerging Co Total Assets Related Terms

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Spheria Emerging Co (ASX:SEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Spheria Emerging Co Ltd (ASX:SEC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

264 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

http://www.spheria.com.au

Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.

Spheria Emerging Co (ASX:SEC) Headlines

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