Clean Seas Seafood (ASX:CSS) Total Assets : A$86.98 Mil (As of Jun. 2024)

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What is Clean Seas Seafood Total Assets?

Clean Seas Seafood's Total Assets for the quarter that ended in Jun. 2024 was A$86.98 Mil.

During the past 12 months, Clean Seas Seafood's average Total Assets Growth Rate was -19.60% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year. During the past 5 years, the average Total Assets Growth Rate was 0.50% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 13 years, Clean Seas Seafood's highest 3-Year average Total Assets Growth Rate was 199.20%. The lowest was -40.60%. And the median was 6.70%.

Total Assets is connected with ROA %. Clean Seas Seafood's annualized ROA % for the quarter that ended in Jun. 2024 was -16.97%. Total Assets is also linked to Revenue through Asset Turnover. Clean Seas Seafood's Asset Turnover for the quarter that ended in Jun. 2024 was 0.39.

Clean Seas Seafood Total Assets Historical Data

The historical data trend for Clean Seas Seafood'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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Clean Seas Seafood Total Assets Chart

Clean Seas Seafood Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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106.72

102.00

99.46

109.16

86.98

Clean Seas Seafood 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															99.46	92.50	109.16	89.99	86.98

Clean Seas Seafood 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.

Clean Seas Seafood'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 )
	=	61.981	+	25.003
	=	86.98

Clean Seas Seafood'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 )
	=	61.981	+	25.003
	=	86.98

Clean Seas Seafood (ASX:CSS) Total Assets Explanation

Total Assets is connected with ROA %.

Clean Seas Seafood'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 )
	=	-15.016	/	( (89.987	+	86.984)	/ 2 )
	=	-15.016	/	88.4855
	=	-16.97 %

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.

Clean Seas Seafood'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 )
=	34.718	/	( (89.987	+	86.984)	/ 2 )
=	34.718	/	88.4855
=	0.39

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.

Clean Seas Seafood Total Assets Related Terms

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Clean Seas Seafood Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clean Seas Seafood Ltd (ASX:CSS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CSS:Norway C7S:Germany C7S:Germany

Address

7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014

Website

https://www.cleanseas.com.au

Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's primary operations involve propagating Spencer Gulf Yellowtail Kingfish, producing and selling fingerlings, and cultivating these fish for harvest and sale. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.