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Platoome Maximiser (ASX:PL8) Total Assets : A$838.10 Mil (As of Dec. 2024)


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What is Platoome Maximiser Total Assets?

Platoome Maximiser's Total Assets for the quarter that ended in Dec. 2024 was A$838.10 Mil.

During the past 12 months, Platoome Maximiser's average Total Assets Growth Rate was -50.70% per year. During the past 3 years, the average Total Assets Growth Rate was 19.10% per year. During the past 5 years, the average Total Assets Growth Rate was 18.90% per year.

During the past 7 years, Platoome Maximiser's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was 14.10%. And the median was 17.75%.

Total Assets is connected with ROA %. Platoome Maximiser's annualized ROA % for the quarter that ended in Dec. 2024 was 9.56%. Total Assets is also linked to Revenue through Asset Turnover. Platoome Maximiser's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.


Platoome Maximiser Total Assets Historical Data

The historical data trend for Platoome Maximiser'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.

Platoome Maximiser Total Assets Chart

Platoome Maximiser Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial 433.03 488.41 578.15 681.78 823.03

Platoome Maximiser Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 688.74 681.78 821.48 823.03 838.10

Platoome Maximiser 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.

Platoome Maximiser's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=822.332+0.697
=823.03

Platoome Maximiser's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=837.334+0.769
=838.10

* 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.


Platoome Maximiser  (ASX:PL8) Total Assets Explanation

Total Assets is connected with ROA %.

Platoome Maximiser's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=79.414/( (823.029+838.103)/ 2 )
=79.414/830.566
=9.56 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) 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.

Platoome Maximiser's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=50.995/( (823.029+838.103)/ 2 )
=50.995/830.566
=0.06

* 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.

Platoome Maximiser Total Assets Related Terms

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Platoome Maximiser Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Sydney, NSW, AUS, 2000
Plato Income Maximiser Ltd is an asset management company. The investment objectives of the company are to generate annual income that exceeds the gross income of the Benchmark and to outperform the Benchmark in total return terms including franking credits over each full investment cycle. The company's investment activities are its only reportable segment. All of the company's activities are located in one geographical segment being Australia.

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