Activeport Group (ASX:ATV) Total Assets : A$40.03 Mil (As of Dec. 2023)

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What is Activeport Group Total Assets?

Activeport Group's Total Assets for the quarter that ended in Dec. 2023 was A$40.03 Mil.

During the past 12 months, Activeport Group's average Total Assets Growth Rate was -0.90% per year.

Total Assets is connected with ROA %. Activeport Group's annualized ROA % for the quarter that ended in Dec. 2023 was -2.91%. Total Assets is also linked to Revenue through Asset Turnover. Activeport Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.

Activeport Group Total Assets Historical Data

The historical data trend for Activeport Group'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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Activeport Group Total Assets Chart

Activeport Group Annual Data

Trend

Jun21

Jun22

Jun23

Total Assets

27.76

39.70

38.46

Activeport Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	38.00	39.70	38.75	38.46	40.03

Activeport Group 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.

Activeport Group'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 )
	=	28.088	+	10.37
	=	38.46

Activeport Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	29.873	+	10.161
	=	40.03

Activeport Group (ASX:ATV) Total Assets Explanation

Total Assets is connected with ROA %.

Activeport Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.144	/	( (38.458	+	40.034)	/ 2 )
	=	-1.144	/	39.246
	=	-2.91 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Activeport Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	9.056	/	( (38.458	+	40.034)	/ 2 )
=	9.056	/	39.246
=	0.23

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.

Activeport Group Total Assets Related Terms

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Activeport Group (ASX:ATV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Activeport Group Ltd (ASX:ATV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 St Georges Terrace, Level 28, West Perth, Perth, WA, AUS, 6000

Website

https://www.activeport.com.au

Activeport Group Ltd is engaged in the information technology-related business involving unique edge-to-cloud integrated service. It provides software used to orchestrate network connectivity from the Virtual Edge of the network at a customer's premises to data and Cloud services.