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Arem Pacific (Arem Pacific) Total Assets : $0.24 Mil (As of Mar. 2024)


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What is Arem Pacific Total Assets?

Arem Pacific's Total Assets for the quarter that ended in Mar. 2024 was $0.24 Mil.

During the past 12 months, Arem Pacific's average Total Assets Growth Rate was -19.00% per year. During the past 3 years, the average Total Assets Growth Rate was -18.00% per year. During the past 5 years, the average Total Assets Growth Rate was 31.40% per year.

During the past 7 years, Arem Pacific's highest 3-Year average Total Assets Growth Rate was 67.40%. The lowest was -18.00%. And the median was 52.15%.

Total Assets is connected with ROA %. Arem Pacific's annualized ROA % for the quarter that ended in Mar. 2024 was -15.97%. Total Assets is also linked to Revenue through Asset Turnover. Arem Pacific's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Arem Pacific Total Assets Historical Data

The historical data trend for Arem Pacific'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.

Arem Pacific Total Assets Chart

Arem Pacific Annual Data
Trend Jun15 Jun16 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial 0.10 0.43 0.50 0.39 0.26

Arem Pacific Quarterly Data
Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.28 0.26 0.25 0.26 0.24

Arem Pacific 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.

Arem Pacific's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=-0.045+0.305
=0.26

Arem Pacific's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-0.021+0.26
=0.24

* 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.

Arem Pacific  (OTCPK:ARPC) Total Assets Explanation

Total Assets is connected with ROA %.

Arem Pacific's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.04/( (0.262+0.239)/ 2 )
=-0.04/0.2505
=-15.97 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Arem Pacific's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.077/( (0.262+0.239)/ 2 )
=0.077/0.2505
=0.31

* 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.

Arem Pacific Total Assets Related Terms

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Arem Pacific (Arem Pacific) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arem Pacific Corp (OTCPK:ARPC) » Definitions » Total Assets
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BNKL GRST IONM TPIA USNU BACK JRSS RHE HCA SZSE:300015 SAU:4013 HKSE:06618 XTER:FRE BKK:BDMS XKLS:5225 BSP:RDOR3 XTER:FME UHS CHE NSE:APOLLOHOSP
Traded in Other Exchanges
N/A
Address
271 Blackburn Road, Mount Waverley, Melbourne, VIC, AUS, 3149
Website
https://www.aremzen.com
Arem Pacific Corporation is engaged in providing wellness services. The company operates in one industry and one geographical segment, those being Oriental holistic health services and Australia. The Wellness center provides services including Acupressure/Reflexology which is acupuncture without needles, Massage Therapy involving application of soft-tissue manipulation techniques to the body and Cupping involving warming of glass cups through a flammable substance. It also offers Neck, shoulder, back, legs, full body massages and deep tissue and hot oil massage. It derives revenues through the provision of therapeutic health services from its Oriental holistic health centres.