L1 Long Short Fund (ASX:LSF) Total Assets: A$5,925.2 Mil (As of Dec. 2025)


ASX:LSF L1 Long Short Fund Ltd ASX:LSF
61 GF Score
Price A$4.58
GF Value A$13.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is L1 Long Short Fund Total Assets?

L1 Long Short Fund ASX:LSF -0.43% 61 Total Assets is A$5,925.2 Mil as of Dec. 2025. GuruFocus rates ASX:LSF with a GF Score™ of 61/100 and a GF Value™ of A$13.52 (Significantly Undervalued). The stock has 4 warning signs investors should review.

L1 Long Short Fund's Total Assets for the quarter that ended in Dec. 2025 was A$5,925.2 Mil.

During the past 12 months, L1 Long Short Fund's average Total Assets Growth Rate was 595.20% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 8 years, L1 Long Short Fund's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was 4.90%. And the median was 14.50%.

Total Assets is connected with ROA %. L1 Long Short Fund's annualized ROA % for the quarter that ended in Dec. 2025 was 15.08%. Total Assets is also linked to Revenue through Asset Turnover. L1 Long Short Fund's Asset Turnover for the quarter that ended in Dec. 2025 was 0.11.


L1 Long Short Fund  (ASX:LSF) Total Assets Explanation

Total Assets is connected with ROA %.

L1 Long Short Fund's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=829.776/( (5078.546+5925.206)/ 2 )
=829.776/5501.876
=15.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) 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.

L1 Long Short Fund's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=619.523/( (5078.546+5925.206)/ 2 )
=619.523/5501.876
=0.11

* 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.

L1 Long Short Fund Total Assets Related Terms


L1 Long Short Fund Total Assets Historical Data

* Premium members only.

The historical data trend for L1 Long Short 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.

L1 Long Short Fund Total Assets Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Assets
Get a 7-Day Free Trial 3,560.86 4,374.07 3,899.50 4,477.73 5,078.55

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only 4,027.05 4,477.73 4,636.07 5,078.55 5,925.21
ASX:LSF
61GF Score
L1 Long Short Fund Ltd ASX:LSF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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L1 Long Short 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.

L1 Long Short Fund's Total Assets for the fiscal year that ended in Jun. 2025 is calculated as

Total Assets=Total Equity (A: Jun. 2025 )+Total Liabilities (A: Jun. 2025 )
=1963.61+3114.936
=5,078.5

L1 Long Short Fund's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=2329.132+3596.074
=5,925.2

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of A$5,925.2 Mil mean?
L1 Long Short Fund (ASX:LSF) has a Total Assets of A$5,925.2 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on L1 Long Short Fund and its competitors.
Is L1 Long Short Fund's Total Assets too high?
L1 Long Short Fund's current Total Assets is A$5,925.2 Mil. Overall, L1 Long Short Fund has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's Total Assets compare to BLK and BX?
L1 Long Short Fund's Total Assets of A$5,925.2 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on L1 Long Short Fund and its competitors. L1 Long Short Fund's current Total Assets is A$5,925.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Long Short Fund stock overvalued right now?
Based on GuruFocus' analysis, L1 Long Short Fund (ASX:LSF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$13.52, compared to a current price of A$4.58 — trading 66.1% below its estimated fair value. The current Total Assets is A$5,925.2 Mil. L1 Long Short Fund's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For L1 Long Short Fund (ASX:LSF), the current Total Assets is A$5,925.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L1 Long Short Fund (ASX:LSF) Overvalued in 2026?

Based on GuruFocus' analysis, L1 Long Short Fund stock appears to be undervalued. The current stock price of A$4.58 is trading 66.1% below its estimated GF Value™ of A$13.52. GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.

Key valuation signals for ASX:LSF:

  • Total Assets: A$5,925.2 Mil
  • GF Value™: A$13.52 vs. price of A$4.58 (66.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the ASX:LSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L1 Long Short Fund Business Description

Address 101 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry, being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.
61GF Score

Get the complete analysis for ASX:LSF

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.58
Price
A$13.52
GF Value