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Lucas GC (Lucas GC) Total Assets : $40.9 Mil (As of Dec. 2023)


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What is Lucas GC Total Assets?

Lucas GC's Total Assets for the quarter that ended in Dec. 2023 was $40.9 Mil.

During the past 12 months, Lucas GC's average Total Assets Growth Rate was 32.50% per year. During the past 3 years, the average Total Assets Growth Rate was 67.00% per year.

During the past 4 years, Lucas GC's highest 3-Year average Total Assets Growth Rate was 67.00%. The lowest was 67.00%. And the median was 67.00%.

Total Assets is connected with ROA %. Lucas GC's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Lucas GC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Lucas GC Total Assets Historical Data

The historical data trend for Lucas GC'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.

Lucas GC Total Assets Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
9.56 35.50 34.60 40.87

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 35.50 29.57 34.60 52.37 40.87

Lucas GC 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.

Lucas GC's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=27.533+13.337
=40.9

Lucas GC'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 )
=27.533+13.337
=40.9

* 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.

Lucas GC  (NAS:LGCL) Total Assets Explanation

Total Assets is connected with ROA %.

Lucas GC'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 )
=0/( (52.371+40.87)/ 2 )
=0/46.6205
=0.00 %

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

Lucas GC'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 )
=0/( (52.371+40.87)/ 2 )
=0/46.6205
=0.00

* 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.

Lucas GC Total Assets Related Terms

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Lucas GC (Lucas GC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lucas GC Ltd (NAS:LGCL) » Definitions » Total Assets
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N/A
Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.