Affinity Education Group (FRA:A0J) Total Assets : €199.4 Mil (As of Jun. 2015)

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What is Affinity Education Group Total Assets?

Affinity Education Group's Total Assets for the quarter that ended in Jun. 2015 was €199.4 Mil.

During the past 12 months, Affinity Education Group's average Total Assets Growth Rate was 109.90% per year.

Total Assets is connected with ROA %. Affinity Education Group's annualized ROA % for the quarter that ended in Jun. 2015 was -1.71%. Total Assets is also linked to Revenue through Asset Turnover. Affinity Education Group's Asset Turnover for the quarter that ended in Jun. 2015 was 0.36.

Affinity Education Group Total Assets Historical Data

The historical data trend for Affinity Education 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.

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Affinity Education Group Total Assets Chart

Affinity Education Group Annual Data

Trend

Dec14

Total Assets

131.30

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Total Assets	114.51	131.30	199.41

Affinity Education 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.

Affinity Education Group's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (A: Dec. 2014 )	+	Total Liabilities (A: Dec. 2014 )
	=	99.257	+	32.045
	=	131.3

Affinity Education Group's Total Assets for the quarter that ended in Jun. 2015 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2015 )	+	Total Liabilities (Q: Jun. 2015 )
	=	150.79	+	48.624
	=	199.4

Affinity Education Group (FRA:A0J) Total Assets Explanation

Total Assets is connected with ROA %.

Affinity Education Group's annualized ROA % for the quarter that ended in Jun. 2015 is

ROA %	=	Net Income (Q: Jun. 2015 )	/	( (Total Assets (Q: Dec. 2014 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
	=	-2.828	/	( (131.302	+	199.414)	/ 2 )
	=	-2.828	/	165.358
	=	-1.71 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2015) 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.

Affinity Education Group's Asset Turnover for the quarter that ended in Jun. 2015 is

	Asset Turnover
=	Revenue (Q: Jun. 2015 )	/	( (Total Assets (Q: Dec. 2014 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
=	59.839	/	( (131.302	+	199.414)	/ 2 )
=	59.839	/	165.358
=	0.36

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.

Affinity Education Group Total Assets Related Terms

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Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

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