ATIF Holdings (ATIF Holdings) Total Assets : $2.49 Mil (As of Jan. 2024)

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What is ATIF Holdings Total Assets?

ATIF Holdings's Total Assets for the quarter that ended in Jan. 2024 was $2.49 Mil.

During the past 12 months, ATIF Holdings's average Total Assets Growth Rate was -76.10% per year. During the past 3 years, the average Total Assets Growth Rate was -58.70% per year. During the past 5 years, the average Total Assets Growth Rate was -8.00% per year.

During the past 7 years, ATIF Holdings's highest 3-Year average Total Assets Growth Rate was 237.00%. The lowest was -58.70%. And the median was 5.85%.

Total Assets is connected with ROA %. ATIF Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was -59.02%. Total Assets is also linked to Revenue through Asset Turnover. ATIF Holdings's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

ATIF Holdings Total Assets Historical Data

The historical data trend for ATIF 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.

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ATIF Holdings Total Assets Chart

ATIF Holdings Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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12.34

45.79

11.40

8.14

3.77

ATIF Holdings Quarterly Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial														8.44	8.17	3.77	3.04	2.49

ATIF 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.

ATIF Holdings's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	1.539	+	2.229
	=	3.77

ATIF Holdings's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	0.506	+	1.982
	=	2.49

ATIF Holdings (NAS:ATIF) Total Assets Explanation

Total Assets is connected with ROA %.

ATIF Holdings's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-1.632	/	( (3.041	+	2.489)	/ 2 )
	=	-1.632	/	2.765
	=	-59.02 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) 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.

ATIF Holdings's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0.025	/	( (3.041	+	2.489)	/ 2 )
=	0.025	/	2.765
=	0.01

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.

ATIF Holdings Total Assets Related Terms

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ATIF Holdings (ATIF Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ATIF Holdings Ltd (NAS:ATIF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630

Website

https://www.atifchina.com

ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.

Executives

Liu Kwong Sang	director	1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu	director, 10 percent owner, officer: Chief Executive Officer	ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming	director, officer: Chief Financial Officer	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd	10 percent owner	25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630