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ATGL (Alpha Technology Group) Total Assets : $7.68 Mil (As of Sep. 2024)


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What is Alpha Technology Group Total Assets?

Alpha Technology Group's Total Assets for the quarter that ended in Sep. 2024 was $7.68 Mil.

During the past 12 months, Alpha Technology Group's average Total Assets Growth Rate was -50.90% per year. During the past 3 years, the average Total Assets Growth Rate was 75.90% per year.

During the past 4 years, Alpha Technology Group's highest 3-Year average Total Assets Growth Rate was 75.90%. The lowest was 75.90%. And the median was 75.90%.

Total Assets is connected with ROA %. Alpha Technology Group's annualized ROA % for the quarter that ended in Sep. 2024 was -1.59%. Total Assets is also linked to Revenue through Asset Turnover. Alpha Technology Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.

Alpha Technology Group Total Assets Historical Data

The historical data trend for Alpha Technology 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.

Alpha Technology Group Total Assets Chart

Alpha Technology Group Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Total Assets
0.61 0.84 5.18 7.68

Alpha Technology Group Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial 0.84 5.62 5.18 7.71 7.68

Alpha Technology 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.

Alpha Technology Group's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (A: Sep. 2024 )+Total Liabilities (A: Sep. 2024 )
=6.628+1.05
=7.68

Alpha Technology Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=6.628+1.05
=7.68

* 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.

Alpha Technology Group  (NAS:ATGL) Total Assets Explanation

Total Assets is connected with ROA %.

Alpha Technology Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.122/( (7.713+7.678)/ 2 )
=-0.122/7.6955
=-1.59 %

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

Alpha Technology Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.813/( (7.713+7.678)/ 2 )
=0.813/7.6955
=0.11

* 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.

Alpha Technology Group Total Assets Related Terms

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Alpha Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Alpha Technology Group Ltd (NAS:ATGL) » Definitions » Total Assets
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Traded in Other Exchanges
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Address
52 Hung To Road, Unit B, 12th floor, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.alphatechnologys.com
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.