Baijiayun Group (Baijiayun Group) Total Assets : $156.37 Mil (As of Dec. 2023)

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What is Baijiayun Group Total Assets?

Baijiayun Group's Total Assets for the quarter that ended in Dec. 2023 was $156.37 Mil.

During the past 12 months, Baijiayun Group's average Total Assets Growth Rate was -16.70% per year. During the past 3 years, the average Total Assets Growth Rate was 34.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.00% per year. During the past 10 years, the average Total Assets Growth Rate was -4.40% per year.

During the past 13 years, Baijiayun Group's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was -18.30%. And the median was -0.80%.

Total Assets is connected with ROA %. Baijiayun Group's annualized ROA % for the quarter that ended in Dec. 2023 was -25.50%. Total Assets is also linked to Revenue through Asset Turnover. Baijiayun Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Baijiayun Group Total Assets Historical Data

The historical data trend for Baijiayun 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.

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Baijiayun Group Total Assets Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Total Assets

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66.60

68.21

74.63

108.91

139.29

Baijiayun Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															74.63	108.91	146.78	139.29	156.37

Baijiayun 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.

Baijiayun 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 )
	=	89.056	+	50.231
	=	139.29

Baijiayun Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	86.193	+	70.175
	=	156.37

Baijiayun Group (NAS:RTC) Total Assets Explanation

Total Assets is connected with ROA %.

Baijiayun Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-37.696	/	( (139.288	+	156.367)	/ 2 )
	=	-37.696	/	147.8275
	=	-25.50 %

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

Baijiayun Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	30.54	/	( (139.288	+	156.367)	/ 2 )
=	30.54	/	147.8275
=	0.21

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.

Baijiayun Group Total Assets Related Terms

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Baijiayun Group (Baijiayun Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (NAS:RTC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

F4B1:Germany

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.