Acsion (JSE:ACS) Total Assets : R14,571 Mil (As of Aug. 2023)

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What is Acsion Total Assets?

Acsion's Total Assets for the quarter that ended in Aug. 2023 was R14,571 Mil.

During the past 12 months, Acsion's average Total Assets Growth Rate was 17.00% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 9 years, Acsion's highest 3-Year average Total Assets Growth Rate was 17.80%. The lowest was 8.10%. And the median was 11.85%.

Total Assets is connected with ROA %. Acsion's annualized ROA % for the quarter that ended in Aug. 2023 was 12.02%. Total Assets is also linked to Revenue through Asset Turnover. Acsion's Asset Turnover for the quarter that ended in Aug. 2023 was 0.05.

Acsion Total Assets Historical Data

The historical data trend for Acsion'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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Acsion Total Assets Chart

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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9,283.18

9,646.11

9,885.84

11,902.94

13,367.14

Acsion Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Total Assets	Get a 7-Day Free Trial												10,670.47	11,902.94	12,505.86	13,367.14	14,570.91

Acsion 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.

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

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	9388.628	+	3978.511
	=	13,367

Acsion's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	10280.657	+	4290.253
	=	14,571

Acsion (JSE:ACS) Total Assets Explanation

Total Assets is connected with ROA %.

Acsion's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	1678.38	/	( (13367.139	+	14570.91)	/ 2 )
	=	1678.38	/	13969.0245
	=	12.02 %

Note: The Net Income data used here is two times the semi-annual (Aug. 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.

Acsion's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	692.25	/	( (13367.139	+	14570.91)	/ 2 )
=	692.25	/	13969.0245
=	0.05

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.

Acsion Total Assets Related Terms

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Acsion (JSE:ACS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and Foreign property operations. The company generates majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

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