Link Administration Holdings (ASX:LNK) Total Assets : A$2,206.5 Mil (As of Dec. 2023)

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What is Link Administration Holdings Total Assets?

Link Administration Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$2,206.5 Mil.

During the past 12 months, Link Administration Holdings's average Total Assets Growth Rate was -27.30% per year. During the past 3 years, the average Total Assets Growth Rate was -5.70% per year. During the past 5 years, the average Total Assets Growth Rate was -4.70% per year.

During the past 8 years, Link Administration Holdings's highest 3-Year average Total Assets Growth Rate was 44.20%. The lowest was -6.30%. And the median was -3.90%.

Total Assets is connected with ROA %. Link Administration Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -2.60%. Total Assets is also linked to Revenue through Asset Turnover. Link Administration Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Link Administration Holdings Total Assets Historical Data

The historical data trend for Link Administration Holdings'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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Link Administration Holdings Total Assets Chart

Link Administration Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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4,915.82

4,339.45

4,276.77

3,942.16

3,024.33

Link Administration Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial												3,728.52	3,942.16	3,228.33	3,024.33	2,206.45

Link Administration Holdings 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.

Link Administration Holdings'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 )
	=	244.627	+	2779.706
	=	3,024.3

Link Administration Holdings'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 )
	=	310.966	+	1895.484
	=	2,206.5

Link Administration Holdings (ASX:LNK) Total Assets Explanation

Total Assets is connected with ROA %.

Link Administration Holdings'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 )
	=	-67.984	/	( (3024.333	+	2206.45)	/ 2 )
	=	-67.984	/	2615.3915
	=	-2.60 %

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.

Link Administration Holdings'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 )
=	523.747	/	( (3024.333	+	2206.45)	/ 2 )
=	523.747	/	2615.3915
=	0.20

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.

Link Administration Holdings Total Assets Related Terms

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Link Administration Holdings (ASX:LNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Link Administration Holdings Ltd (ASX:LNK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LKADF:USA

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.linkgroup.com

Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

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