Oakridge International (ASX:OAK) Total Assets : A$1.53 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Oakridge International Total Assets?

Oakridge International's Total Assets for the quarter that ended in Dec. 2023 was A$1.53 Mil.

During the past 12 months, Oakridge International's average Total Assets Growth Rate was 65.70% per year. During the past 3 years, the average Total Assets Growth Rate was 20.20% per year. During the past 5 years, the average Total Assets Growth Rate was -18.60% per year. During the past 10 years, the average Total Assets Growth Rate was -23.30% per year.

During the past 13 years, Oakridge International's highest 3-Year average Total Assets Growth Rate was 75.00%. The lowest was -57.90%. And the median was -21.30%.

Total Assets is connected with ROA %. Oakridge International's annualized ROA % for the quarter that ended in Dec. 2023 was -52.42%. Total Assets is also linked to Revenue through Asset Turnover. Oakridge International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Oakridge International Total Assets Historical Data

The historical data trend for Oakridge International'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.

Oakridge International Total Assets Chart

Oakridge International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

2.21

0.96

2.82

2.16

1.99

Oakridge International Semi-Annual Data
	Jun14	Dec14	Jun15	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															2.34	2.16	2.02	1.99	1.53

Oakridge International 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.

Oakridge International'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 )
	=	1.23	+	0.755
	=	1.99

Oakridge International'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 )
	=	0.832	+	0.693
	=	1.53

Oakridge International (ASX:OAK) Total Assets Explanation

Total Assets is connected with ROA %.

Oakridge International'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 )
	=	-0.92	/	( (1.985	+	1.525)	/ 2 )
	=	-0.92	/	1.755
	=	-52.42 %

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.

Oakridge International'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 )
=	0.344	/	( (1.985	+	1.525)	/ 2 )
=	0.344	/	1.755
=	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.

Oakridge International Total Assets Related Terms

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

Oakridge International (ASX:OAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oakridge International Ltd (ASX:OAK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

U9O0:Germany

Address

89 Pirie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.oakridgeint.com

Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects, and Corporate. Geographically, it operates within Australia.