MA Financial Group (ASX:MAF) Total Assets : A$3,573.9 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is MA Financial Group Total Assets?

MA Financial Group's Total Assets for the quarter that ended in Dec. 2023 was A$3,573.9 Mil.

Warning Sign:

If a company builds assets at 64.1% a year, faster than its revenue growth rate of 15.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MA Financial Group's average Total Assets Growth Rate was 67.10% per year. During the past 3 years, the average Total Assets Growth Rate was 99.30% per year. During the past 5 years, the average Total Assets Growth Rate was 64.10% per year.

During the past 7 years, MA Financial Group's highest 3-Year average Total Assets Growth Rate was 99.30%. The lowest was 27.50%. And the median was 50.25%.

Total Assets is connected with ROA %. MA Financial Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.88%. Total Assets is also linked to Revenue through Asset Turnover. MA Financial Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

MA Financial Group Total Assets Historical Data

The historical data trend for MA Financial Group'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.

MA Financial Group Total Assets Chart

MA Financial Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

513.94

569.34

872.87

2,246.23

3,573.86

MA Financial Group Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									872.87	1,923.32	2,246.23	2,739.18	3,573.86

MA Financial Group 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.

MA Financial Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	461.16	+	3112.704
	=	3,573.9

MA Financial Group'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 )
	=	461.16	+	3112.704
	=	3,573.9

MA Financial Group (ASX:MAF) Total Assets Explanation

Total Assets is connected with ROA %.

MA Financial Group'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 )
	=	27.626	/	( (2739.18	+	3573.864)	/ 2 )
	=	27.626	/	3156.522
	=	0.88 %

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.

MA Financial Group'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 )
=	131.726	/	( (2739.18	+	3573.864)	/ 2 )
=	131.726	/	3156.522
=	0.04

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.

MA Financial Group Total Assets Related Terms

Thank you for viewing the detailed overview of MA Financial Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

MA Financial Group (ASX:MAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MA Financial Group Ltd (ASX:MAF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Carrington Street, Level 27, Brookfield Place, Sydney, NSW, AUS, 2000

Website

https://www.mafinancial.com

MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology, and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.

MA Financial Group (ASX:MAF) Headlines

No Headlines