Platinum Capital (ASX:PMC) Total Assets : A$450.06 Mil (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Platinum Capital Total Assets?

Platinum Capital's Total Assets for the quarter that ended in Dec. 2023 was A$450.06 Mil.

During the past 12 months, Platinum Capital's average Total Assets Growth Rate was -10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 3.80% per year. During the past 5 years, the average Total Assets Growth Rate was -2.50% per year. During the past 10 years, the average Total Assets Growth Rate was 92.40% per year.

During the past 13 years, Platinum Capital's highest 3-Year average Total Assets Growth Rate was 652.20%. The lowest was -77.30%. And the median was 2.00%.

Total Assets is connected with ROA %. Platinum Capital's annualized ROA % for the quarter that ended in Dec. 2023 was 0.46%. Total Assets is also linked to Revenue through Asset Turnover. Platinum Capital's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Platinum Capital Total Assets Historical Data

The historical data trend for Platinum Capital'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.

Platinum Capital Total Assets Chart

Platinum Capital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

458.09

417.00

492.44

438.82

464.69

Platinum Capital 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															483.47	438.82	448.72	464.69	450.06

Platinum Capital 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.

Platinum Capital'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 )
	=	451.3	+	13.39
	=	464.69

Platinum Capital'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 )
	=	442.746	+	7.311
	=	450.06

Platinum Capital (ASX:PMC) Total Assets Explanation

Total Assets is connected with ROA %.

Platinum Capital'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 )
	=	2.096	/	( (464.69	+	450.057)	/ 2 )
	=	2.096	/	457.3735
	=	0.46 %

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.

Platinum Capital'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 )
=	4.455	/	( (464.69	+	450.057)	/ 2 )
=	4.455	/	457.3735
=	0.01

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.

Platinum Capital Total Assets Related Terms

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

Platinum Capital (ASX:PMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Capital Ltd (ASX:PMC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital (ASX:PMC) Headlines

From GuruFocus

PharMerica Corp. (PMC) CEO Gregory S Weishar buys 81,000 Shares

By GuruFocus Research GuruFocus Editor • 08-13-2010

PharMerica Corp. (PMC) CEO Gregory S Weishar buys 25,000 Shares

By GuruFocus Research GuruFocus Editor • 11-16-2009

PharMerica Corp. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-04-2010

PharMerica Corp. Reports Operating Results (10-Q)

By gurufocus 10qk • 08-05-2010

Weekly CFO Buys Highlight: PMC, ZBB

By gurujk gurujk • 06-25-2012