Automated Bank Services (Automated Bank Services) Total Assets : $74.41 Mil (As of Dec. 2023)

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What is Automated Bank Services Total Assets?

Automated Bank Services's Total Assets for the quarter that ended in Dec. 2023 was $74.41 Mil.

During the past 12 months, Automated Bank Services's average Total Assets Growth Rate was 32.00% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year. During the past 5 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 11 years, Automated Bank Services's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was 4.50%. And the median was 10.70%.

Total Assets is connected with ROA %. Automated Bank Services's annualized ROA % for the quarter that ended in Dec. 2023 was 13.88%. Total Assets is also linked to Revenue through Asset Turnover. Automated Bank Services's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Automated Bank Services Total Assets Historical Data

The historical data trend for Automated Bank Services'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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Automated Bank Services Total Assets Chart

Automated Bank Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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51.52

59.15

65.29

68.70

74.41

Automated Bank Services 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															68.70	71.23	68.08	70.99	74.41

Automated Bank Services 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.

Automated Bank Services'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 )
	=	62.593	+	11.818
	=	74.41

Automated Bank Services'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 )
	=	62.593	+	11.818
	=	74.41

Automated Bank Services (OTCPK:ABANF) Total Assets Explanation

Total Assets is connected with ROA %.

Automated Bank Services'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 )
	=	10.088	/	( (70.992	+	74.411)	/ 2 )
	=	10.088	/	72.7015
	=	13.88 %

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.

Automated Bank Services'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 )
=	9.33	/	( (70.992	+	74.411)	/ 2 )
=	9.33	/	72.7015
=	0.13

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.

Automated Bank Services Total Assets Related Terms

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Automated Bank Services (Automated Bank Services) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Bank Services Ltd (OTCPK:ABANF) » Definitions » Total Assets

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SHVA:Israel

Address

26 HaRokmim Street., Tower A, Azrieli Center, Holon, ISR

Website

https://www.shva.co.il

Automated Bank Services Ltd is an Israel-based company involved in providing technological services to the financial system. The company serves as a central junction and a national infrastructure for clearing credit cards. It also works with credit card companies as both a clearing and issuing company.