GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Embark Early Education Ltd (ASX:EVO) » Definitions » Total Assets

Embark Early Education (ASX:EVO) Total Assets : A$149.45 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Embark Early Education Total Assets?

Embark Early Education's Total Assets for the quarter that ended in Dec. 2023 was A$149.45 Mil.

During the past 12 months, Embark Early Education's average Total Assets Growth Rate was -12.00% per year.

During the past 8 years, Embark Early Education's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was -15.90%. And the median was 9.80%.

Total Assets is connected with ROA %. Embark Early Education's annualized ROA % for the quarter that ended in Dec. 2023 was 6.87%. Total Assets is also linked to Revenue through Asset Turnover. Embark Early Education's Asset Turnover for the quarter that ended in Dec. 2023 was -0.08.

Embark Early Education Total Assets Historical Data

The historical data trend for Embark Early Education'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.

Embark Early Education Total Assets Chart

Embark Early Education Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 131.40 - 403.10 157.77 149.45

Embark Early Education Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 403.10 358.99 157.77 157.78 149.45

Embark Early Education 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.

Embark Early Education'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 )
=72.808+76.638
=149.45

Embark Early Education'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 )
=72.808+76.638
=149.45

* 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.

Embark Early Education  (ASX:EVO) Total Assets Explanation

Total Assets is connected with ROA %.

Embark Early Education'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 )
=10.558/( (157.775+149.446)/ 2 )
=10.558/153.6105
=6.87 %

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.

Embark Early Education'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 )
=-11.708/( (157.775+149.446)/ 2 )
=-11.708/153.6105
=-0.08

* 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.

Embark Early Education Total Assets Related Terms

Thank you for viewing the detailed overview of Embark Early Education's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Embark Early Education (ASX:EVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Embark Early Education Ltd (ASX:EVO) » Definitions » Total Assets
Comparable Companies
ASX:KED ASX:AKG ASX:NXD ASX:KME ASX:EDU ASX:CLU ASX:SIT ASX:8IH ASX:8VI ASX:NDO AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
120-122 Siganto Drive, Suite 102, Level 1, M1 Connect Business Hub, Helensvale, Gold Coast, QLD, AUS, 4212
Website
https://www.embarkeducation.com.au
Embark Early Education Ltd is a company that is engaged in the provision and management of an early childhood education service that gives parents and caregivers the option of which service suits their child's learning and care needs. The Group reports operating segments by geographical location, namely New Zealand and Australia. The majority of revenue is from the New Zealand segment. The principal activities of the Company include the management of high-quality early childhood education centres.