Alliance Aviation Services (ASX:AQZ) Total Assets : A$998.8 Mil (As of Jun. 2024)

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What is Alliance Aviation Services Total Assets?

Alliance Aviation Services's Total Assets for the quarter that ended in Jun. 2024 was A$998.8 Mil.

Warning Sign:

If a company builds assets at 27.6% a year, faster than its revenue growth rate of 12.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Alliance Aviation Services's average Total Assets Growth Rate was 27.70% per year. During the past 3 years, the average Total Assets Growth Rate was 19.10% per year. During the past 5 years, the average Total Assets Growth Rate was 27.60% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.

During the past 13 years, Alliance Aviation Services's highest 3-Year average Total Assets Growth Rate was 31.00%. The lowest was -3.00%. And the median was 11.00%.

Total Assets is connected with ROA %. Alliance Aviation Services's annualized ROA % for the quarter that ended in Jun. 2024 was 7.36%. Total Assets is also linked to Revenue through Asset Turnover. Alliance Aviation Services's Asset Turnover for the quarter that ended in Jun. 2024 was 0.36.

Alliance Aviation Services Total Assets Historical Data

The historical data trend for Alliance Aviation 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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Alliance Aviation Services Total Assets Chart

Alliance Aviation Services Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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435.87

608.73

666.49

779.78

998.80

Alliance Aviation Services Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															666.49	712.87	779.78	859.89	998.80

Alliance Aviation 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.

Alliance Aviation Services'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 )
	=	410.74	+	588.055
	=	998.8

Alliance Aviation Services'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 )
	=	410.74	+	588.055
	=	998.8

Alliance Aviation Services (ASX:AQZ) Total Assets Explanation

Total Assets is connected with ROA %.

Alliance Aviation Services'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 )
	=	68.366	/	( (859.889	+	998.795)	/ 2 )
	=	68.366	/	929.342
	=	7.36 %

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.

Alliance Aviation Services'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 )
=	338.506	/	( (859.889	+	998.795)	/ 2 )
=	338.506	/	929.342
=	0.36

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.

Alliance Aviation Services Total Assets Related Terms

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Alliance Aviation Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alliance Aviation Services Ltd (ASX:AQZ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Pandanus Avenue, P.O. Box 1126, Brisbane Airport, Brisbane, QLD, AUS, 4009

Website

https://www.allianceairlines.com.au

Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services. It serves the mining, energy, tourism, and government sectors. The company also provides specialized aviation services to other airlines and clients including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing and engineering services. It derives maximum revenue from Contract services.

Alliance Aviation Services Headlines

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