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AGBA Group Holding (FRA:D6D) Total Assets : €56.23 Mil (As of Mar. 2024)


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What is AGBA Group Holding Total Assets?

AGBA Group Holding's Total Assets for the quarter that ended in Mar. 2024 was €56.23 Mil.

During the past 12 months, AGBA Group Holding's average Total Assets Growth Rate was -37.30% per year. During the past 3 years, the average Total Assets Growth Rate was -25.80% per year.

During the past 4 years, AGBA Group Holding's highest 3-Year average Total Assets Growth Rate was -25.80%. The lowest was -25.80%. And the median was -25.80%.

Total Assets is connected with ROA %. AGBA Group Holding's annualized ROA % for the quarter that ended in Mar. 2024 was -50.58%. Total Assets is also linked to Revenue through Asset Turnover. AGBA Group Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

AGBA Group Holding Total Assets Historical Data

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding Total Assets Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
145.45 108.42 95.55 61.06

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.22 87.96 77.38 61.06 56.23

AGBA Group Holding 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.

AGBA Group Holding'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 )
=7.43+53.632
=61.06

AGBA Group Holding's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=2.524+53.703
=56.23

* 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.

AGBA Group Holding  (FRA:D6D) Total Assets Explanation

Total Assets is connected with ROA %.

AGBA Group Holding's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-29.66/( (61.062+56.228)/ 2 )
=-29.66/58.645
=-50.58 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

AGBA Group Holding's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=7.044/( (61.062+56.228)/ 2 )
=7.044/58.645
=0.12

* 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.

AGBA Group Holding Total Assets Related Terms

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AGBA Group Holding (FRA:D6D) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AGBA Group Holding Ltd (FRA:D6D) » Definitions » Total Assets
Comparable Companies
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Traded in Other Exchanges
AGBA:USA
Address
68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
Website
https://www.agba.com
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

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