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SFG Australia (ASX:SFW) Total Assets : A$252.2 Mil (As of Dec. 2013)


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What is SFG Australia Total Assets?

SFG Australia's Total Assets for the quarter that ended in Dec. 2013 was A$252.2 Mil.

Total Assets is connected with ROA %. SFG Australia's annualized ROA % for the quarter that ended in Dec. 2013 was 13.64%. Total Assets is also linked to Revenue through Asset Turnover. SFG Australia's Asset Turnover for the quarter that ended in Dec. 2013 was 0.36.


SFG Australia Total Assets Historical Data

The historical data trend for SFG Australia'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.

SFG Australia Total Assets Chart

SFG Australia Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.42 90.26 211.28 206.65 251.45

SFG Australia Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 198.91 206.65 217.30 251.45 252.25

SFG Australia 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.

SFG Australia's Total Assets for the fiscal year that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (A: Jun. 2013 )+Total Liabilities (A: Jun. 2013 )
=163.254+88.194
=251.4

SFG Australia's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=170.554+81.694
=252.2

* 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.


SFG Australia  (ASX:SFW) Total Assets Explanation

Total Assets is connected with ROA %.

SFG Australia's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=34.348/( (251.448+252.248)/ 2 )
=34.348/251.848
=13.64 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2013) 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.

SFG Australia's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=90.481/( (251.448+252.248)/ 2 )
=90.481/251.848
=0.36

* 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.

SFG Australia Total Assets Related Terms

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SFG Australia (ASX:SFW) Business Description

Traded in Other Exchanges
N/A
Address
SFG Australia Limited, formerly Snowball Group Limited provides wealth management services to high net worth and affluent clients, including strategic financial advice, portfolio administration solutions, portfolio construction and management services, insurance (both general and risk) solutions, finance broking, stockbroking, and corporate superannuation services. SFG operates three financial advice models: End to end adviser model; Affiliate adviser model; and B2B Services model.

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