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AINHF (Ai-Media Technologies) Total Assets : $61.85 Mil (As of Jun. 2024)


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What is Ai-Media Technologies Total Assets?

Ai-Media Technologies's Total Assets for the quarter that ended in Jun. 2024 was $61.85 Mil.

During the past 12 months, Ai-Media Technologies's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.

During the past 4 years, Ai-Media Technologies's highest 3-Year average Total Assets Growth Rate was 1.00%. The lowest was 1.00%. And the median was 1.00%.

Total Assets is connected with ROA %. Ai-Media Technologies's annualized ROA % for the quarter that ended in Jun. 2024 was -0.29%. Total Assets is also linked to Revenue through Asset Turnover. Ai-Media Technologies's Asset Turnover for the quarter that ended in Jun. 2024 was 0.36.


Ai-Media Technologies Total Assets Historical Data

The historical data trend for Ai-Media Technologies'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.

Ai-Media Technologies Total Assets Chart

Ai-Media Technologies Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Assets
74.73 72.14 67.65 61.85

Ai-Media Technologies Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 72.14 67.56 67.65 60.39 61.85

Ai-Media Technologies 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.

Ai-Media Technologies'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 )
=50.407+11.439
=61.85

Ai-Media Technologies's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=50.407+11.439
=61.85

* 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.


Ai-Media Technologies  (OTCPK:AINHF) Total Assets Explanation

Total Assets is connected with ROA %.

Ai-Media Technologies's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-0.176/( (60.39+61.846)/ 2 )
=-0.176/61.118
=-0.29 %

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

Ai-Media Technologies's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=22.25/( (60.39+61.846)/ 2 )
=22.25/61.118
=0.36

* 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.

Ai-Media Technologies Total Assets Related Terms

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Ai-Media Technologies Business Description

Traded in Other Exchanges
Address
103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060
Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.