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SG Fleet Group (ASX:SGF) Total Assets : A$3,066.3 Mil (As of Dec. 2023)


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What is SG Fleet Group Total Assets?

SG Fleet Group's Total Assets for the quarter that ended in Dec. 2023 was A$3,066.3 Mil.

Warning Sign:

If a company builds assets at 41.3% a year, faster than its revenue growth rate of 13.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, SG Fleet Group's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 68.40% per year. During the past 5 years, the average Total Assets Growth Rate was 41.30% per year.

During the past 10 years, SG Fleet Group's highest 3-Year average Total Assets Growth Rate was 68.40%. The lowest was -0.80%. And the median was 38.30%.

Total Assets is connected with ROA %. SG Fleet Group's annualized ROA % for the quarter that ended in Dec. 2023 was 3.08%. Total Assets is also linked to Revenue through Asset Turnover. SG Fleet Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

SG Fleet Group Total Assets Historical Data

The historical data trend for SG Fleet 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.

* Premium members only.

SG Fleet Group Total Assets Chart

SG Fleet Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 680.89 680.76 833.27 2,613.73 2,837.21

SG Fleet Group 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 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 2,699.26 2,613.73 2,740.94 2,837.21 3,066.31

SG Fleet 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.

SG Fleet Group'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 )
=573.868+2263.343
=2,837.2

SG Fleet Group'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 )
=577.471+2488.84
=3,066.3

* 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.

SG Fleet Group  (ASX:SGF) Total Assets Explanation

Total Assets is connected with ROA %.

SG Fleet Group'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 )
=91.058/( (2837.211+3066.311)/ 2 )
=91.058/2951.761
=3.08 %

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.

SG Fleet Group'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 )
=372.55/( (2837.211+3066.311)/ 2 )
=372.55/2951.761
=0.13

* 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.

SG Fleet Group Total Assets Related Terms

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SG Fleet Group (ASX:SGF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SG Fleet Group Ltd (ASX:SGF) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
20 Bridge Street, Level 2, Building 3, Pymble, Sydney, NSW, AUS, 2073
Website
https://www.sgfleet.com
SG Fleet Group Ltd is a fleet management solutions providing company. It is also involved in the activities of vehicle leasing, short-term hire, novated leasing, salary packaging and consumer vehicle finance. The fleet management services include funding options, registration renewal, fuel cards and reporting, vehicle acquisition and disposal, comprehensive insurance and other services. Geographically, the group operates in the business segments of Australia, New Zealand, and the United Kingdom, of which the majority of the revenue is derived from its operations in Australia.