PHI Group (PHI Group) Total Assets : $0.16 Mil (As of Mar. 2024)

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What is PHI Group Total Assets?

PHI Group's Total Assets for the quarter that ended in Mar. 2024 was $0.16 Mil.

During the past 12 months, PHI Group's average Total Assets Growth Rate was -68.60% per year. During the past 3 years, the average Total Assets Growth Rate was 279.80% per year. During the past 5 years, the average Total Assets Growth Rate was -44.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.80% per year.

During the past 13 years, PHI Group's highest 3-Year average Total Assets Growth Rate was 568.70%. The lowest was -74.30%. And the median was -4.55%.

Total Assets is connected with ROA %. PHI Group's annualized ROA % for the quarter that ended in Mar. 2024 was -3,976.47%. Total Assets is also linked to Revenue through Asset Turnover. PHI Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

PHI Group Total Assets Historical Data

The historical data trend for PHI 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.

PHI Group Total Assets Chart

PHI Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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1.08

0.47

0.93

0.47

0.29

PHI Group 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															0.32	0.29	0.28	0.18	0.16

PHI 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.

PHI 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 )
	=	-8.222	+	8.516
	=	0.29

PHI Group'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 )
	=	-8.937	+	9.094
	=	0.16

PHI Group (OTCPK:PHIL) Total Assets Explanation

Total Assets is connected with ROA %.

PHI Group'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 )
	=	-6.76	/	( (0.183	+	0.157)	/ 2 )
	=	-6.76	/	0.17
	=	-3,976.47 %

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.

PHI Group'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 )
=	0	/	( (0.183	+	0.157)	/ 2 )
=	0	/	0.17
=	0.00

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.

PHI Group Total Assets Related Terms

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PHI Group (PHI Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PHI Group Inc (OTCPK:PHIL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PHIG:USA

Address

2323 Main Street, Irvine, CA, USA, 92614

Website

https://www.philuxcapital.com

PHI Group Inc is part of the financial services industry. Its primary scope of business is mergers and acquisitions. Its M&A advisory and consulting services include strategic and transaction advisory and consulting services related to acquisitions and divestitures. It advises and consults with buyers and sellers of businesses, provides corporate restructuring and turnaround management services, and delivers post-closing value enhancement services.

Executives

Henry Fahman	director, 10 percent owner, officer: President/CEO	17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Tina T Phan	director, officer: SECRETARY/TREASURER	17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Providential Holdings Inc	other: Issuer	PO BOX 11620, WESTMINSTER CA 92685
Tina Phan	director, officer: Secretary/Treasurer	8700 WARNER AVE STE 200, FOUNTAIN VALLEY CA 92708