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Q2 Holdings (Q2 Holdings) Total Assets : $1,201.4 Mil (As of Dec. 2023)


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What is Q2 Holdings Total Assets?

Q2 Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,201.4 Mil.

Warning Sign:

If a company builds assets at 18.1% a year, faster than its revenue growth rate of 13.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Q2 Holdings's average Total Assets Growth Rate was -4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 18.10% per year. During the past 10 years, the average Total Assets Growth Rate was 44.20% per year.

During the past 13 years, Q2 Holdings's highest 3-Year average Total Assets Growth Rate was 103.60%. The lowest was 1.50%. And the median was 45.00%.

Total Assets is connected with ROA %. Q2 Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -6.08%. Total Assets is also linked to Revenue through Asset Turnover. Q2 Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.


Q2 Holdings Total Assets Historical Data

The historical data trend for Q2 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.

* Premium members only.

Q2 Holdings Total Assets Chart

Q2 Holdings 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 1,009.43 1,416.70 1,385.05 1,349.73 1,201.43

Q2 Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,349.73 1,184.39 1,172.69 1,179.25 1,201.43

Q2 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.

Q2 Holdings'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 )
=448.479+752.946
=1,201.4

Q2 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 )
=448.479+752.946
=1,201.4

* 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.


Q2 Holdings  (NYSE:QTWO) Total Assets Explanation

Total Assets is connected with ROA %.

Q2 Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-72.316/( (1179.249+1201.425)/ 2 )
=-72.316/1190.337
=-6.08 %

Note: The Net Income data used here is four times the quarterly (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.

Q2 Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=162.118/( (1179.249+1201.425)/ 2 )
=162.118/1190.337
=0.14

* 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.

Q2 Holdings Total Assets Related Terms

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Q2 Holdings (Q2 Holdings) Business Description

Traded in Other Exchanges
Address
10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.
Executives
John E Breeden officer: EVP, Operations 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman officer: Chief Banking Officer 10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge officer: SVP, Human Resources 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski officer: Chief Revenue Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok officer: Chief Financial Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale director, 10 percent owner, officer: Chairman 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price officer: SVP, Corp and Business Dev 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake director, officer: President and CEO 10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson officer: EVP, Chief Technology Officer 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti officer: SVP, Service Delivery C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085