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Beneficient (Beneficient) Total Assets : $500.56 Mil (As of Dec. 2023)


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What is Beneficient Total Assets?

Beneficient's Total Assets for the quarter that ended in Dec. 2023 was $500.56 Mil.

During the past 12 months, Beneficient's average Total Assets Growth Rate was -83.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 4 years, Beneficient's highest 3-Year average Total Assets Growth Rate was 1.20%. The lowest was 1.20%. And the median was 1.20%.

Total Assets is connected with ROA %. Beneficient's annualized ROA % for the quarter that ended in Dec. 2023 was -221.57%. Total Assets is also linked to Revenue through Asset Turnover. Beneficient's Asset Turnover for the quarter that ended in Dec. 2023 was -0.01.


Beneficient Total Assets Historical Data

The historical data trend for Beneficient'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.

Beneficient Total Assets Chart

Beneficient Annual Data
Trend Dec20 Dec21 Mar22 Mar23
Total Assets
2,816.32 3,183.54 3,141.01 2,910.70

Beneficient Quarterly Data
Dec20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,951.16 2,910.70 1,795.86 1,457.01 500.56

Beneficient 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.

Beneficient's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=1892.547+1018.148
=2,910.70

Beneficient'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 )
=255.025+245.538
=500.56

* 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.


Beneficient  (NAS:BENF) Total Assets Explanation

Total Assets is connected with ROA %.

Beneficient'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 )
=-2168.664/( (1457.005+500.563)/ 2 )
=-2168.664/978.784
=-221.57 %

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.

Beneficient'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 )
=-10.3/( (1457.005+500.563)/ 2 )
=-10.3/978.784
=-0.01

* 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.

Beneficient Total Assets Related Terms

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Beneficient (Beneficient) Business Description

Traded in Other Exchanges
N/A
Address
325 N. Saint Paul Street, Suite 4850, Dallas, TX, USA, 75201
Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.
Executives
Gwg Wind Down Trust 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Elizabeth C. Freeman 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Derek L. Fletcher director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Life Usa, Llc 10 percent owner 325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Gregory W. Ezell officer: Chief Financial Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Jeff Welday officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Maria S. Rutledge officer: Chief Technology Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Scott W. Wilson officer: Chief Underwriting Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Samuel Hikspoors officer: Chief Risk Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Richard W Fisher director
James G. Silk director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Emily B. Hill director 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Holdings, Inc. 10 percent owner 325 N. ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Cangany Peter T Jr director 220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Brad K Heppner director, officer: See Remarks 325 N SAINT PAUL STREET, SUITE 1200, DALLAS TX 75201