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Bravura Solutions (ASX:BVS) Total Assets : A$238.7 Mil (As of Dec. 2023)


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What is Bravura Solutions Total Assets?

Bravura Solutions's Total Assets for the quarter that ended in Dec. 2023 was A$238.7 Mil.

During the past 12 months, Bravura Solutions's average Total Assets Growth Rate was -31.90% per year. During the past 3 years, the average Total Assets Growth Rate was -19.00% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 7 years, Bravura Solutions's highest 3-Year average Total Assets Growth Rate was 29.90%. The lowest was -19.00%. And the median was 28.05%.

Total Assets is connected with ROA %. Bravura Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was -1.35%. Total Assets is also linked to Revenue through Asset Turnover. Bravura Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.52.


Bravura Solutions Total Assets Historical Data

The historical data trend for Bravura Solutions'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.

Bravura Solutions Total Assets Chart

Bravura Solutions Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial 380.17 434.85 457.75 450.12 254.47

Bravura Solutions Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 450.14 450.12 253.46 254.47 238.73

Bravura Solutions 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.

Bravura Solutions'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 )
=125.91+128.562
=254.5

Bravura Solutions'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 )
=123.734+114.996
=238.7

* 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.


Bravura Solutions  (ASX:BVS) Total Assets Explanation

Total Assets is connected with ROA %.

Bravura Solutions'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 )
=-3.32/( (254.472+238.73)/ 2 )
=-3.32/246.601
=-1.35 %

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.

Bravura Solutions'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 )
=127.02/( (254.472+238.73)/ 2 )
=127.02/246.601
=0.52

* 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.

Bravura Solutions Total Assets Related Terms

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Bravura Solutions (ASX:BVS) Business Description

Traded in Other Exchanges
Address
345 George Street, Level 6, Sydney, NSW, AUS, 2000
Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.

Bravura Solutions (ASX:BVS) Headlines

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