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Biome Australia (ASX:BIO) Total Assets : A$10.44 Mil (As of Dec. 2024)


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What is Biome Australia Total Assets?

Biome Australia's Total Assets for the quarter that ended in Dec. 2024 was A$10.44 Mil.

During the past 12 months, Biome Australia's average Total Assets Growth Rate was 52.30% per year. During the past 3 years, the average Total Assets Growth Rate was 42.00% per year.

During the past 3 years, Biome Australia's highest 3-Year average Total Assets Growth Rate was 42.00%. The lowest was 42.00%. And the median was 42.00%.

Total Assets is connected with ROA %. Biome Australia's annualized ROA % for the quarter that ended in Dec. 2024 was 9.26%. Total Assets is also linked to Revenue through Asset Turnover. Biome Australia's Asset Turnover for the quarter that ended in Dec. 2024 was 0.95.


Biome Australia Total Assets Historical Data

The historical data trend for Biome Australia'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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Biome Australia Total Assets Chart

Biome Australia Annual Data
Trend Jun22 Jun23 Jun24
Total Assets
8.12 7.56 8.28

Biome Australia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial 7.80 7.56 7.18 8.28 10.44

Biome Australia 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.

Biome Australia'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 )
=2.904+5.373
=8.28

Biome Australia's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=4.533+5.903
=10.44

* 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.


Biome Australia  (ASX:BIO) Total Assets Explanation

Total Assets is connected with ROA %.

Biome Australia's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.866/( (8.277+10.436)/ 2 )
=0.866/9.3565
=9.26 %

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

Biome Australia's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=8.864/( (8.277+10.436)/ 2 )
=8.864/9.3565
=0.95

* 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.

Biome Australia Total Assets Related Terms

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Biome Australia Business Description

Traded in Other Exchanges
N/A
Address
192-194 Johnston Street, Collingwood, VIC, AUS, 3066
Biome Australia Ltd licences, develops, and markets evidence-based, complementary medicines, including nutraceuticals food-based vitamins and weight management products and live biotherapeutics. The firm owns brands namely; Activated Nutrients: a range of completely organic, plant-based, all-in-one nutritional products; Activated Probiotics: a first-of-its-kind range of clinically-backed precision probiotics. The company has one operating segment: researching, developing, manufacturing and distributing innovative evidence-based products linking the gut and human health. Domestically it caters to Australia and In international markets, the Group distributes and markets its Activated Probiotics range in the United Kingdom and New Zealand through independent health practitioners.