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Arowana Australasian Value Opportunities Fund (ASX:CVF) Total Assets : A$66.66 Mil (As of Jun. 2020)


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What is Arowana Australasian Value Opportunities Fund Total Assets?

Arowana Australasian Value Opportunities Fund's Total Assets for the quarter that ended in Jun. 2020 was A$66.66 Mil.

Total Assets is connected with ROA %. Arowana Australasian Value Opportunities Fund's annualized ROA % for the quarter that ended in Jun. 2020 was -27.14%. Total Assets is also linked to Revenue through Asset Turnover. Arowana Australasian Value Opportunities Fund's Asset Turnover for the quarter that ended in Jun. 2020 was -0.18.


Arowana Australasian Value Opportunities Fund Total Assets Historical Data

The historical data trend for Arowana Australasian Value Opportunities Fund'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.

Arowana Australasian Value Opportunities Fund Total Assets Chart

Arowana Australasian Value Opportunities Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20
Total Assets
66.35 82.29 110.50 92.56 66.66

Arowana Australasian Value Opportunities Fund Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.50 95.01 92.56 83.00 66.66

Arowana Australasian Value Opportunities Fund 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.

Arowana Australasian Value Opportunities Fund's Total Assets for the fiscal year that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (A: Jun. 2020 )+Total Liabilities (A: Jun. 2020 )
=68.641+-1.986
=66.66

Arowana Australasian Value Opportunities Fund's Total Assets for the quarter that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (Q: Jun. 2020 )+Total Liabilities (Q: Jun. 2020 )
=68.641+-1.986
=66.66

* 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.


Arowana Australasian Value Opportunities Fund  (ASX:CVF) Total Assets Explanation

Total Assets is connected with ROA %.

Arowana Australasian Value Opportunities Fund's annualized ROA % for the quarter that ended in Jun. 2020 is

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Jun. 2020 ))/ count )
=-20.312/( (83.003+66.655)/ 2 )
=-20.312/74.829
=-27.14 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2020) 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.

Arowana Australasian Value Opportunities Fund's Asset Turnover for the quarter that ended in Jun. 2020 is

Asset Turnover
=Revenue (Q: Jun. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Jun. 2020 ))/ count )
=-13.542/( (83.003+66.655)/ 2 )
=-13.542/74.829
=-0.18

* 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.

Arowana Australasian Value Opportunities Fund Total Assets Related Terms

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Arowana Australasian Value Opportunities Fund (ASX:CVF) Business Description

Traded in Other Exchanges
N/A
Address
153 Walker Street, Level 11, North Sydney, Sydney, NSW, AUS, 2060
Arowana Australasian Value Opportunities Fund Ltd is an investment company. The principal activity of the company is to invest in a portfolio of listed securities for the purpose of achieving long-term capital growth.

Arowana Australasian Value Opportunities Fund (ASX:CVF) Headlines

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