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Flywire (Flywire) Total Assets : $1,079.7 Mil (As of Dec. 2023)


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What is Flywire Total Assets?

Flywire's Total Assets for the quarter that ended in Dec. 2023 was $1,079.7 Mil.

During the past 12 months, Flywire's average Total Assets Growth Rate was 30.80% per year. During the past 3 years, the average Total Assets Growth Rate was 36.40% per year.

During the past 5 years, Flywire's highest 3-Year average Total Assets Growth Rate was 80.80%. The lowest was 36.40%. And the median was 58.60%.

Total Assets is connected with ROA %. Flywire's annualized ROA % for the quarter that ended in Dec. 2023 was 0.50%. Total Assets is also linked to Revenue through Asset Turnover. Flywire's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.


Flywire Total Assets Historical Data

The historical data trend for Flywire'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.

Flywire Total Assets Chart

Flywire Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
141.00 271.44 639.85 674.29 1,079.73

Flywire Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 674.29 620.97 638.57 982.42 1,079.73

Flywire 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.

Flywire'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 )
=786.117+293.614
=1,079.7

Flywire'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 )
=786.117+293.614
=1,079.7

* 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.


Flywire  (NAS:FLYW) Total Assets Explanation

Total Assets is connected with ROA %.

Flywire's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.148/( (982.416+1079.731)/ 2 )
=5.148/1031.0735
=0.50 %

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.

Flywire's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=100.545/( (982.416+1079.731)/ 2 )
=100.545/1031.0735
=0.10

* 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.

Flywire Total Assets Related Terms

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Flywire (Flywire) Business Description

Traded in Other Exchanges
Address
141 Tremont Street, Suite 10, Boston, MA, USA, 02111
Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost-effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.
Executives
Michael G Ellis officer: Chief Financial Officer C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Peter Butterfield officer: General Counsel and CCO C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Rob Orgel officer: President and COO C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Michael Massaro director, officer: Chief Executive Officer C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
David R. King officer: Chief Technology Officer C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Gretchen Howard director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Matthew C Harris director, 10 percent owner 1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
Edwin J Santos director 234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Bain Capital Venture Investors, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund Ii, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Enrique T Salem 10 percent owner SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ajay Agarwal 10 percent owner C/O BAIN CAPITAL VENTURE INVESTORS, LLC, 200 CLARENDON STREET, BOSTON MA 02116
Alex Finkelstein director, 10 percent owner C/O WAYFAIR INC, 4 COPLEY PLACE, 7TH FLOOR, BOSTON MA 02116
Phillip John Riese director 2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Diane E Offereins director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015