Afterpay (Afterpay) Total Assets : $2,382.4 Mil (As of Jun. 2021)

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What is Afterpay Total Assets?

Afterpay's Total Assets for the quarter that ended in Jun. 2021 was $2,382.4 Mil.

During the past 12 months, Afterpay's average Total Assets Growth Rate was 96.40% per year. During the past 3 years, the average Total Assets Growth Rate was 75.10% per year.

During the past 5 years, Afterpay's highest 3-Year average Total Assets Growth Rate was 75.10%. The lowest was 68.20%. And the median was 71.65%.

Total Assets is connected with ROA %. Afterpay's annualized ROA % for the quarter that ended in Jun. 2021 was -6.11%. Total Assets is also linked to Revenue through Asset Turnover. Afterpay's Asset Turnover for the quarter that ended in Jun. 2021 was 0.19.

Afterpay Total Assets Historical Data

The historical data trend for Afterpay'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.

Afterpay Total Assets Chart

Afterpay Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Total Assets

181.79

294.02

569.77

1,110.09

2,382.44

Afterpay Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Total Assets	Get a 7-Day Free Trial				569.77	939.37	1,110.09	1,608.86	2,382.44

Afterpay 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.

Afterpay's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (A: Jun. 2021 )	+	Total Liabilities (A: Jun. 2021 )
	=	996.87	+	1385.567
	=	2,382.4

Afterpay's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2021 )	+	Total Liabilities (Q: Jun. 2021 )
	=	996.87	+	1385.567
	=	2,382.4

Afterpay (OTCPK:AFTPY) Total Assets Explanation

Total Assets is connected with ROA %.

Afterpay's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %	=	Net Income (Q: Jun. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
	=	-122.028	/	( (1608.856	+	2382.437)	/ 2 )
	=	-122.028	/	1995.6465
	=	-6.11 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2021) 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.

Afterpay's Asset Turnover for the quarter that ended in Jun. 2021 is

	Asset Turnover
=	Revenue (Q: Jun. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Jun. 2021 ))	/ count )
=	387.657	/	( (1608.856	+	2382.437)	/ 2 )
=	387.657	/	1995.6465
=	0.19

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.

Afterpay Total Assets Related Terms

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Afterpay (Afterpay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000

Website

https://www.afterpay.com

Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.