African And Overseas Enterprises (JSE:AOO) Total Assets : R1,111.2 Mil (As of Dec. 2023)

View and export this data going back to 1948. Start your Free Trial

What is African And Overseas Enterprises Total Assets?

African And Overseas Enterprises's Total Assets for the quarter that ended in Dec. 2023 was R1,111.2 Mil.

During the past 12 months, African And Overseas Enterprises's average Total Assets Growth Rate was 14.90% per year. During the past 3 years, the average Total Assets Growth Rate was 13.70% per year. During the past 5 years, the average Total Assets Growth Rate was 25.80% per year. During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.

During the past 13 years, African And Overseas Enterprises's highest 3-Year average Total Assets Growth Rate was 37.80%. The lowest was -14.70%. And the median was 9.40%.

Total Assets is connected with ROA %. African And Overseas Enterprises's annualized ROA % for the quarter that ended in Dec. 2023 was 1.64%. Total Assets is also linked to Revenue through Asset Turnover. African And Overseas Enterprises's Asset Turnover for the quarter that ended in Dec. 2023 was 0.35.

African And Overseas Enterprises Total Assets Historical Data

The historical data trend for African And Overseas Enterprises'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.

African And Overseas Enterprises Total Assets Chart

African And Overseas Enterprises Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

486.49

780.53

723.18

822.65

1,090.74

African And Overseas Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															738.93	822.65	1,009.11	1,090.74	1,111.24

African And Overseas Enterprises 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.

African And Overseas Enterprises'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 )
	=	443.741	+	646.996
	=	1,090.7

African And Overseas Enterprises'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 )
	=	468.204	+	643.036
	=	1,111.2

African And Overseas Enterprises (JSE:AOO) Total Assets Explanation

Total Assets is connected with ROA %.

African And Overseas Enterprises'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 )
	=	18.058	/	( (1090.737	+	1111.24)	/ 2 )
	=	18.058	/	1100.9885
	=	1.64 %

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.

African And Overseas Enterprises'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 )
=	385.385	/	( (1090.737	+	1111.24)	/ 2 )
=	385.385	/	1100.9885
=	0.35

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.

African And Overseas Enterprises Total Assets Related Terms

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

African And Overseas Enterprises (JSE:AOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » African And Overseas Enterprises Ltd (JSE:AOO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AON:South Africa

Address

263 Victoria Road, Rex Trueform Office Park, Salt River,, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.

African And Overseas Enterprises (JSE:AOO) Headlines

No Headlines