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Sea (SE) Total Assets

: $18,883 Mil (As of Dec. 2023)
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Sea's Total Assets for the quarter that ended in Dec. 2023 was $18,883 Mil.

Warning Sign:

If a company builds assets at 66% a year, faster than its revenue growth rate of 58.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Sea's average Total Assets Growth Rate was 33.80% per year. During the past 3 years, the average Total Assets Growth Rate was 48.10% per year. During the past 5 years, the average Total Assets Growth Rate was 66.00% per year.

During the past 10 years, Sea's highest 3-Year average Total Assets Growth Rate was 93.40%. The lowest was 47.50%. And the median was 71.50%.

Total Assets is connected with ROA %. Sea's annualized ROA % for the quarter that ended in Dec. 2023 was -2.38%. Total Assets is also linked to Revenue through Asset Turnover. Sea's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.


Sea Total Assets Historical Data

The historical data trend for Sea'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.

Sea 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 5,224.17 10,455.67 18,756.03 17,002.80 18,883.23

Sea 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 17,002.80 17,243.92 17,652.32 18,025.11 18,883.23

Sea 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.

Sea'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 )
=6697.585+12185.647
=18,883

Sea'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 )
=6697.585+12185.647
=18,883

* 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.


Sea  (NYSE:SE) Total Assets Explanation

Total Assets is connected with ROA %.

Sea'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 )
=-438.96/( (18025.11+18883.232)/ 2 )
=-438.96/18454.171
=-2.38 %

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.

Sea'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 )
=3616.628/( (18025.11+18883.232)/ 2 )
=3616.628/18454.171
=0.20

* 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.

Sea Total Assets Related Terms

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Sea (SE) Business Description

Address
1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522
Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.

Sea (SE) Headlines

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