Harvest Technology (MAL:HRV) Total Assets : €20.65 Mil (As of Dec. 2023)

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What is Harvest Technology Total Assets?

Harvest Technology's Total Assets for the quarter that ended in Dec. 2023 was €20.65 Mil.

During the past 12 months, Harvest Technology's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year.

During the past 5 years, Harvest Technology's highest 3-Year average Total Assets Growth Rate was -0.10%. The lowest was -0.60%. And the median was -0.35%.

Total Assets is connected with ROA %. Harvest Technology's annualized ROA % for the quarter that ended in Dec. 2023 was 4.17%. Total Assets is also linked to Revenue through Asset Turnover. Harvest Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.38.

Harvest Technology Total Assets Historical Data

The historical data trend for Harvest Technology'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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Harvest Technology Total Assets Chart

Harvest Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

20.98

20.63

22.62

21.24

20.65

Harvest Technology Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial					22.62	20.64	21.24	18.30	20.65

Harvest Technology 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.

Harvest Technology'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 )
	=	14.076	+	6.57
	=	20.65

Harvest Technology'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 )
	=	14.076	+	6.57
	=	20.65

Harvest Technology (MAL:HRV) Total Assets Explanation

Total Assets is connected with ROA %.

Harvest Technology'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 )
	=	0.812	/	( (18.301	+	20.645)	/ 2 )
	=	0.812	/	19.473
	=	4.17 %

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.

Harvest Technology'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 )
=	7.449	/	( (18.301	+	20.645)	/ 2 )
=	7.449	/	19.473
=	0.38

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.

Harvest Technology Total Assets Related Terms

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Harvest Technology (MAL:HRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology PLC (MAL:HRV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000

Website

https://www.harvest.tech

Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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