Emeco Holdings (Emeco Holdings) Total Assets : $755.8 Mil (As of Dec. 2023)

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What is Emeco Holdings Total Assets?

Emeco Holdings's Total Assets for the quarter that ended in Dec. 2023 was $755.8 Mil.

Warning Sign:

If a company builds assets at 12.3% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Emeco Holdings's average Total Assets Growth Rate was 8.50% per year. During the past 3 years, the average Total Assets Growth Rate was 5.40% per year. During the past 5 years, the average Total Assets Growth Rate was 12.30% per year. During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.

During the past 13 years, Emeco Holdings's highest 3-Year average Total Assets Growth Rate was 22.10%. The lowest was -28.90%. And the median was 1.00%.

Total Assets is connected with ROA %. Emeco Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 3.50%. Total Assets is also linked to Revenue through Asset Turnover. Emeco Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.

Emeco Holdings Total Assets Historical Data

The historical data trend for Emeco Holdings'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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Emeco Holdings Total Assets Chart

Emeco Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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533.80

751.27

738.18

720.60

730.48

Emeco Holdings 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															696.99	720.60	713.48	730.48	755.78

Emeco Holdings 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.

Emeco Holdings'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 )
	=	395.6	+	334.884
	=	730.5

Emeco Holdings'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 )
	=	404.214	+	351.564
	=	755.8

Emeco Holdings (OTCPK:EOHDF) Total Assets Explanation

Total Assets is connected with ROA %.

Emeco Holdings'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 )
	=	25.976	/	( (730.484	+	755.778)	/ 2 )
	=	25.976	/	743.131
	=	3.50 %

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.

Emeco Holdings'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 )
=	290.847	/	( (730.484	+	755.778)	/ 2 )
=	290.847	/	743.131
=	0.39

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.

Emeco Holdings Total Assets Related Terms

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Emeco Holdings (Emeco Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Emeco Holdings Ltd (OTCPK:EOHDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

E3A:Germany EHL:Australia

Address

133 Hasler Road, Level 3, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.emecogroup.com

Emeco Holdings Ltd owns and operates a fleet of original equipment manufacturer machines to deliver equipment rental solutions. Its reportable segments are Australian Rental that provides a wide range of earthmoving equipment to customers in Australia, Australian Workshops which is engaged in providing maintenance services to customers in Australia and Pit N Portal which provides a range of mining services solutions and associated services to customers in Australia.. The company generates a majority of its revenue from the Australian Rental Segment. Geographically, it generates a majority of its revenue from Australia.

Emeco Holdings (Emeco Holdings) Headlines

From GuruFocus

Half Year 2024 Emeco Holdings Ltd Earnings Call Transcript

By GuruFocus Research • 02-28-2024