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Wide Open Agriculture (ASX:WOA) Total Assets : A$18.85 Mil (As of Dec. 2023)


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What is Wide Open Agriculture Total Assets?

Wide Open Agriculture's Total Assets for the quarter that ended in Dec. 2023 was A$18.85 Mil.

During the past 12 months, Wide Open Agriculture's average Total Assets Growth Rate was 32.40% per year. During the past 3 years, the average Total Assets Growth Rate was 126.20% per year.

During the past 5 years, Wide Open Agriculture's highest 3-Year average Total Assets Growth Rate was 189.40%. The lowest was 126.20%. And the median was 157.80%.

Total Assets is connected with ROA %. Wide Open Agriculture's annualized ROA % for the quarter that ended in Dec. 2023 was -58.32%. Total Assets is also linked to Revenue through Asset Turnover. Wide Open Agriculture's Asset Turnover for the quarter that ended in Dec. 2023 was 0.33.

Wide Open Agriculture Total Assets Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture Total Assets Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
3.70 5.25 17.49 29.58 15.40

Wide Open Agriculture Semi-Annual Data
Dec17 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 32.46 29.58 22.10 15.40 18.85

Wide Open Agriculture 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.

Wide Open Agriculture'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 )
=10.109+5.29
=15.40

Wide Open Agriculture'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 )
=12.034+6.816
=18.85

* 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.

Wide Open Agriculture  (ASX:WOA) Total Assets Explanation

Total Assets is connected with ROA %.

Wide Open Agriculture'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 )
=-9.986/( (15.399+18.849)/ 2 )
=-9.986/17.124
=-58.32 %

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.

Wide Open Agriculture'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 )
=5.674/( (15.399+18.849)/ 2 )
=5.674/17.124
=0.33

* 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.

Wide Open Agriculture Total Assets Related Terms

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Wide Open Agriculture (ASX:WOA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wide Open Agriculture Ltd (ASX:WOA) » Definitions » Total Assets
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Traded in Other Exchanges
2WO:Germany
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Website
https://www.wideopenagriculture.com.au
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

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