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Alta Global Group (Alta Global Group) Total Assets : $4.85 Mil (As of Jun. 2023)


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What is Alta Global Group Total Assets?

Alta Global Group's Total Assets for the quarter that ended in Jun. 2023 was $4.85 Mil.

During the past 12 months, Alta Global Group's average Total Assets Growth Rate was 32.00% per year.

Total Assets is connected with ROA %. Alta Global Group's annualized ROA % for the quarter that ended in Jun. 2023 was -392.25%. Total Assets is also linked to Revenue through Asset Turnover. Alta Global Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.29.

Alta Global Group Total Assets Historical Data

The historical data trend for Alta Global Group'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.

Alta Global Group Total Assets Chart

Alta Global Group Annual Data
Trend Jun22 Jun23
Total Assets
2.20 4.85

Alta Global Group Semi-Annual Data
Jun22 Jun23
Total Assets 2.20 4.85

Alta Global Group 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.

Alta Global Group'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 )
=-20.895+25.748
=4.85

Alta Global Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=-20.895+25.748
=4.85

* 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.

Alta Global Group  (AMEX:MMA) Total Assets Explanation

Total Assets is connected with ROA %.

Alta Global Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-13.823/( (2.195+4.853)/ 2 )
=-13.823/3.524
=-392.25 %

Note: The Net Income data used here is one times the annual (Jun. 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.

Alta Global Group's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=1.032/( (2.195+4.853)/ 2 )
=1.032/3.524
=0.29

* 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.

Alta Global Group Total Assets Related Terms

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Alta Global Group (Alta Global Group) Business Description

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Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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