GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Frontier Digital Ventures Ltd (ASX:FDV) » Definitions » Total Assets

Frontier Digital Ventures (ASX:FDV) Total Assets : A$148.88 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Frontier Digital Ventures Total Assets?

Frontier Digital Ventures's Total Assets for the quarter that ended in Dec. 2023 was A$148.88 Mil.

Warning Sign:

If a company builds assets at 34.8% a year, faster than its revenue growth rate of 29.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Frontier Digital Ventures's average Total Assets Growth Rate was -6.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 34.80% per year.

During the past 8 years, Frontier Digital Ventures's highest 3-Year average Total Assets Growth Rate was 61.80%. The lowest was 7.80%. And the median was 44.30%.

Total Assets is connected with ROA %. Frontier Digital Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was 1.72%. Total Assets is also linked to Revenue through Asset Turnover. Frontier Digital Ventures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.


Frontier Digital Ventures Total Assets Historical Data

The historical data trend for Frontier Digital Ventures'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.

Frontier Digital Ventures Total Assets Chart

Frontier Digital Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 60.48 165.95 180.34 169.69 148.88

Frontier Digital Ventures Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 180.34 177.15 169.69 156.75 148.88

Frontier Digital Ventures 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.

Frontier Digital Ventures'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 )
=124.924+23.95
=148.87

Frontier Digital Ventures'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 )
=124.924+23.95
=148.87

* 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.


Frontier Digital Ventures  (ASX:FDV) Total Assets Explanation

Total Assets is connected with ROA %.

Frontier Digital Ventures'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 )
=2.622/( (156.745+148.875)/ 2 )
=2.622/152.81
=1.72 %

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.

Frontier Digital Ventures'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 )
=36.68/( (156.745+148.875)/ 2 )
=36.68/152.81
=0.24

* 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.

Frontier Digital Ventures Total Assets Related Terms

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


Frontier Digital Ventures (ASX:FDV) Business Description

Traded in Other Exchanges
N/A
Address
39-8, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Frontier Digital Ventures Ltd develops online classifieds businesses in underdeveloped, emerging countries or regions. It deals in property verticals, automotive verticals, and general classified websites.

Frontier Digital Ventures (ASX:FDV) Headlines

From GuruFocus

Top 5 4th Quarter Trades of RETIREMENT GUYS FORMULA LLC

By GuruFocus Research GuruFocus Editor 02-15-2023

SignalPoint Asset Management, LLC Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-27-2023

Federated Hermes, Inc. launches U.S. Strategic Dividend ETF

By PRNewswire PRNewswire 11-16-2022

JNBA Financial Advisors Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-07-2023

SAXON INTERESTS, INC. Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-24-2023