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AFRM (Affirm Holdings) Total Assets : $10,481 Mil (As of Dec. 2024)


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What is Affirm Holdings Total Assets?

Affirm Holdings's Total Assets for the quarter that ended in Dec. 2024 was $10,481 Mil.

Warning Sign:

If a company builds assets at 58.7% a year, faster than its revenue growth rate of 37.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Affirm Holdings's average Total Assets Growth Rate was 21.10% per year. During the past 3 years, the average Total Assets Growth Rate was 29.60% per year. During the past 5 years, the average Total Assets Growth Rate was 58.70% per year.

During the past 6 years, Affirm Holdings's highest 3-Year average Total Assets Growth Rate was 75.00%. The lowest was 29.60%. And the median was 70.80%.

Total Assets is connected with ROA %. Affirm Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 3.12%. Total Assets is also linked to Revenue through Asset Turnover. Affirm Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.


Affirm Holdings Total Assets Historical Data

The historical data trend for Affirm 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.

Affirm Holdings Total Assets Chart

Affirm Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial 1,402.25 4,866.97 6,973.79 8,155.62 9,519.62

Affirm Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9,064.99 9,201.43 9,519.62 10,139.16 10,481.08

Affirm 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.

Affirm Holdings's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=2731.989+6787.63
=9,520

Affirm Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2785.54+7695.537
=10,481

* 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.


Affirm Holdings  (NAS:AFRM) Total Assets Explanation

Total Assets is connected with ROA %.

Affirm Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=321.44/( (10139.159+10481.077)/ 2 )
=321.44/10310.118
=3.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

Affirm Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=866.381/( (10139.159+10481.077)/ 2 )
=866.381/10310.118
=0.08

* 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.

Affirm Holdings Total Assets Related Terms

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Affirm Holdings Business Description

Traded in Other Exchanges
Address
650 California Street, San Francisco, CA, USA, 94108
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.
Executives
Noel Bertram Watson director 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Keith Rabois director C/O YELP! INC., 706 MISSION ST., SAN FRANCISCO CA 94103
Christa S Quarles director 351 PHELPS, IRVING TX 75038
Michael Linford officer: Chief Financial Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Libor Michalek officer: President, Technology C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Katherine Adkins officer: Chief Legal Officer C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Gic Private Ltd 10 percent owner 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Rodriquez Manuel Sanchez director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jenny J Ming director
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Jeremy Philips director C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Jeremy Liew director 2200 SAND HILL ROAD, MENLO PARK CA 94025
Siphelele Jiyane officer: Vice President, Controller C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Silvija Martincevic officer: Chief Commercial Officer C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108