NETSOL Technologies (FRA:NS9B) Total Assets : €58.24 Mil (As of Mar. 2024)

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What is NETSOL Technologies Total Assets?

NETSOL Technologies's Total Assets for the quarter that ended in Mar. 2024 was €58.24 Mil.

During the past 12 months, NETSOL Technologies's average Total Assets Growth Rate was 15.10% per year. During the past 3 years, the average Total Assets Growth Rate was -14.40% per year. During the past 5 years, the average Total Assets Growth Rate was -11.60% per year. During the past 10 years, the average Total Assets Growth Rate was -6.80% per year.

During the past 13 years, NETSOL Technologies's highest 3-Year average Total Assets Growth Rate was 202.10%. The lowest was -26.20%. And the median was 0.80%.

Total Assets is connected with ROA %. NETSOL Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was 2.18%. Total Assets is also linked to Revenue through Asset Turnover. NETSOL Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

NETSOL Technologies Total Assets Historical Data

The historical data trend for NETSOL Technologies'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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NETSOL Technologies Total Assets Chart

NETSOL Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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77.44

78.56

71.88

68.69

53.88

NETSOL Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															55.62	53.88	52.35	52.70	58.24

NETSOL Technologies 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.

NETSOL Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	33.95	+	19.935
	=	53.89

NETSOL Technologies'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 )
	=	36.288	+	21.953
	=	58.24

NETSOL Technologies (FRA:NS9B) Total Assets Explanation

Total Assets is connected with ROA %.

NETSOL Technologies'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 )
	=	1.208	/	( (52.702	+	58.242)	/ 2 )
	=	1.208	/	55.472
	=	2.18 %

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.

NETSOL Technologies'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 )
=	14.228	/	( (52.702	+	58.242)	/ 2 )
=	14.228	/	55.472
=	0.26

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.

NETSOL Technologies Total Assets Related Terms

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NETSOL Technologies (FRA:NS9B) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » NETSOL Technologies Inc (FRA:NS9B) » Definitions » Total Assets

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NTWK:USA

Address

16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436

Website

https://www.netsoltech.com

NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

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