Sequoia Financial Group (ASX:SEQ) Total Assets : A$79.4 Mil (As of Jun. 2024)

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What is Sequoia Financial Group Total Assets?

Sequoia Financial Group's Total Assets for the quarter that ended in Jun. 2024 was A$79.4 Mil.

During the past 12 months, Sequoia Financial Group's average Total Assets Growth Rate was -54.00% per year. During the past 3 years, the average Total Assets Growth Rate was -18.50% per year. During the past 5 years, the average Total Assets Growth Rate was -0.50% per year. During the past 10 years, the average Total Assets Growth Rate was 26.80% per year.

During the past 13 years, Sequoia Financial Group's highest 3-Year average Total Assets Growth Rate was 2070.20%. The lowest was -95.70%. And the median was 8.00%.

Total Assets is connected with ROA %. Sequoia Financial Group's annualized ROA % for the quarter that ended in Jun. 2024 was -9.30%. Total Assets is also linked to Revenue through Asset Turnover. Sequoia Financial Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.78.

Sequoia Financial Group Total Assets Historical Data

The historical data trend for Sequoia 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.

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Sequoia Financial Group Total Assets Chart

Sequoia Financial Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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101.28

142.41

135.70

135.74

79.39

Sequoia Financial Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															135.70	110.24	135.74	86.55	79.39

Sequoia 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.

Sequoia Financial Group'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 )
	=	56.675	+	22.714
	=	79.4

Sequoia Financial Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	56.675	+	22.714
	=	79.4

Sequoia Financial Group (ASX:SEQ) Total Assets Explanation

Total Assets is connected with ROA %.

Sequoia Financial Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-7.716	/	( (86.546	+	79.389)	/ 2 )
	=	-7.716	/	82.9675
	=	-9.30 %

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

Sequoia Financial Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	64.606	/	( (86.546	+	79.389)	/ 2 )
=	64.606	/	82.9675
=	0.78

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.

Sequoia Financial Group Total Assets Related Terms

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Sequoia Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sequoia Financial Group Ltd (ASX:SEQ) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

525 Flinders Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.sequoia.com.au

Sequoia Financial Group Ltd is a financial services company. The company's operating segments include Licensee and Adviser Services which provide licensee services to financial planners and advisors, provide financial planning personal and general advice to wholesale and retail investors, and provide listed and private companies with equity capital markets support, M&A advice, corporate access, and investor relations. The Legal and Administration Services act as a service provider to accountancy firms, dealer groups, financial planning, law firms, and direct trustees. and Head Office. The company offers licensing services, business support, advice coaching, compliance, education, legal document establishments, portfolio management, bespoke investments, and other related services.

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