SeaDragon (NZSE:SEA) Total Assets : NZ$11.54 Mil (As of Sep. 2019)

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What is SeaDragon Total Assets?

SeaDragon's Total Assets for the quarter that ended in Sep. 2019 was NZ$11.54 Mil.

Total Assets is connected with ROA %. SeaDragon's annualized ROA % for the quarter that ended in Sep. 2019 was -165.96%. Total Assets is also linked to Revenue through Asset Turnover. SeaDragon's Asset Turnover for the quarter that ended in Sep. 2019 was 0.42.

SeaDragon Total Assets Historical Data

The historical data trend for SeaDragon'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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SeaDragon Total Assets Chart

SeaDragon Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Total Assets

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17.09

19.52

14.81

11.54

10.67

SeaDragon Semi-Annual Data
	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Total Assets	Get a 7-Day Free Trial															14.81	15.02	11.54	11.54	10.67

SeaDragon 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.

SeaDragon's Total Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Assets	=	Total Equity (A: Mar. 2020 )	+	Total Liabilities (A: Mar. 2020 )
	=	6.923	+	3.745
	=	10.67

SeaDragon's Total Assets for the quarter that ended in Sep. 2019 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2019 )	+	Total Liabilities (Q: Sep. 2019 )
	=	8.812	+	2.728
	=	11.54

SeaDragon (NZSE:SEA) Total Assets Explanation

Total Assets is connected with ROA %.

SeaDragon's annualized ROA % for the quarter that ended in Sep. 2019 is

ROA %	=	Net Income (Q: Sep. 2019 )	/	( (Total Assets (Q: Mar. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
	=	-19.152	/	( (11.54	+	11.54)	/ 2 )
	=	-19.152	/	11.54
	=	-165.96 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2019) 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.

SeaDragon's Asset Turnover for the quarter that ended in Sep. 2019 is

	Asset Turnover
=	Revenue (Q: Sep. 2019 )	/	( (Total Assets (Q: Mar. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
=	4.887	/	( (11.54	+	11.54)	/ 2 )
=	4.887	/	11.54
=	0.42

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.

SeaDragon Total Assets Related Terms

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SeaDragon (NZSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SeaDragon Ltd (NZSE:SEA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Nayland Road, Stoke, Nelson, NZL, 7011

Website

http://www.seadragon.co.nz

SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

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