GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Total Assets

AtlasClear Holdings (AtlasClear Holdings) Total Assets : $40.59 Mil (As of Jun. 2023)


View and export this data going back to 2024. Start your Free Trial

What is AtlasClear Holdings Total Assets?

AtlasClear Holdings's Total Assets for the quarter that ended in Jun. 2023 was $40.59 Mil.

Total Assets is connected with ROA %. AtlasClear Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 0.25%. Total Assets is also linked to Revenue through Asset Turnover. AtlasClear Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.17.

AtlasClear Holdings Total Assets Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Total Assets Chart

AtlasClear Holdings Annual Data
Trend Jun22
Total Assets
64.33

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Total Assets 64.33 40.59

AtlasClear Holdings 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.

AtlasClear Holdings's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (A: Jun. 2022 )+Total Liabilities (A: Jun. 2022 )
=9.846+54.488
=64.33

AtlasClear Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=9.936+30.652
=40.59

* 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.

AtlasClear Holdings  (AMEX:ATCH) Total Assets Explanation

Total Assets is connected with ROA %.

AtlasClear Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0.131/( (64.334+40.588)/ 2 )
=0.131/52.461
=0.25 %

Note: The Net Income data used here is one times the annual (Jun. 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.

AtlasClear Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=9.089/( (64.334+40.588)/ 2 )
=9.089/52.461
=0.17

* 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.

AtlasClear Holdings Total Assets Related Terms

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

AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

From GuruFocus

Thinking about buying stock in MicroCloud Hologram, CleanSpark, Cardiol Therapeutics, Atlasclear Holdings, or EZCORP?

By PRNewswire • 02-26-2024