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ATCH (AtlasClear Holdings) Total Assets : $56.02 Mil (As of Dec. 2024)


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What is AtlasClear Holdings Total Assets?

AtlasClear Holdings's Total Assets for the quarter that ended in Dec. 2024 was $56.02 Mil.

During the past 12 months, AtlasClear Holdings's average Total Assets Growth Rate was 83179.70% per year.

Total Assets is connected with ROA %. AtlasClear Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was -3.00%. Total Assets is also linked to Revenue through Asset Turnover. AtlasClear Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

AtlasClear Holdings Total Assets Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Total Assets Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23
Total Assets
64.33 40.59

AtlasClear Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.48 76.37 57.47 56.00 56.02

AtlasClear Holdings 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.

AtlasClear Holdings'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 )
=9.936+30.652
=40.59

AtlasClear Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=-23.197+79.211
=56.01

* 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.

AtlasClear Holdings  (AMEX:ATCH) Total Assets Explanation

Total Assets is connected with ROA %.

AtlasClear Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-1.68/( (55.995+56.015)/ 2 )
=-1.68/56.005
=-3.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

AtlasClear Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2.746/( (55.995+56.015)/ 2 )
=2.746/56.005
=0.05

* 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.

AtlasClear Holdings Total Assets Related Terms

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AtlasClear Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
4030 Henderson Boulevard, Suite 712, Tampa, FL, USA, 33629
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.