Skin Elements (ASX:SKN) Total Assets : A$0.88 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Skin Elements Total Assets?

Skin Elements's Total Assets for the quarter that ended in Dec. 2023 was A$0.88 Mil.

During the past 12 months, Skin Elements's average Total Assets Growth Rate was -92.50% per year. During the past 3 years, the average Total Assets Growth Rate was -49.00% per year. During the past 5 years, the average Total Assets Growth Rate was -24.70% per year.

During the past 7 years, Skin Elements's highest 3-Year average Total Assets Growth Rate was 1.90%. The lowest was -49.00%. And the median was 0.50%.

Total Assets is connected with ROA %. Skin Elements's annualized ROA % for the quarter that ended in Dec. 2023 was -188.91%. Total Assets is also linked to Revenue through Asset Turnover. Skin Elements's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Skin Elements Total Assets Historical Data

The historical data trend for Skin Elements'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.

Skin Elements Total Assets Chart

Skin Elements Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

9.90

10.22

11.03

11.10

1.69

Skin Elements Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									11.52	11.10	9.14	1.69	0.88

Skin Elements 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.

Skin Elements'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 )
	=	0.605	+	1.081
	=	1.69

Skin Elements'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 )
	=	-0.287	+	1.163
	=	0.88

Skin Elements (ASX:SKN) Total Assets Explanation

Total Assets is connected with ROA %.

Skin Elements'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 )
	=	-2.42	/	( (1.686	+	0.876)	/ 2 )
	=	-2.42	/	1.281
	=	-188.91 %

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.

Skin Elements'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 )
=	0.085	/	( (1.686	+	0.876)	/ 2 )
=	0.085	/	1.281
=	0.07

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.

Skin Elements Total Assets Related Terms

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

Skin Elements (ASX:SKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Skin Elements Ltd (ASX:SKN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1242 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.skinelementslimited.com

Skin Elements Ltd is a company that operates in the beauty and personal care industry. The principal business activities include the manufacture and distribution of natural, organic, health, and wellness products. Its brand portfolio includes Soleo Organics natural sunscreen brand, the PapayaActivs therapeutic skincare range, Elizabeth Jane Natural Cosmetics, and the recently developed Invisi-Shield SuprCuvr plant-based hospital-grade disinfectant range. The company is based on two segments, operational and corporate. The operating segment is involved in designing and formulating natural, organic, health, and wellness products.

Skin Elements (ASX:SKN) Headlines

No Headlines