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17LIVE Group (SGX:LVR) Total Assets : S$218.7 Mil (As of Dec. 2023)


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What is 17LIVE Group Total Assets?

17LIVE Group's Total Assets for the quarter that ended in Dec. 2023 was S$218.7 Mil.

During the past 12 months, 17LIVE Group's average Total Assets Growth Rate was 56.40% per year.

Total Assets is connected with ROA %. 17LIVE Group's annualized ROA % for the quarter that ended in Dec. 2023 was -306.78%. Total Assets is also linked to Revenue through Asset Turnover. 17LIVE Group's Asset Turnover for the quarter that ended in Dec. 2023 was 1.71.


17LIVE Group Total Assets Historical Data

The historical data trend for 17LIVE 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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17LIVE Group Total Assets Chart

17LIVE Group Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
- 139.82 218.66

17LIVE Group Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Total Assets 294.28 139.82 216.62 218.66

17LIVE 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.

17LIVE Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=120.65+98.005
=218.7

17LIVE 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 )
=120.65+98.005
=218.7

* 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.


17LIVE Group  (SGX:LVR) Total Assets Explanation

Total Assets is connected with ROA %.

17LIVE 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 )
=-667.678/( (216.622+218.655)/ 2 )
=-667.678/217.6385
=-306.78 %

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.

17LIVE 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 )
=371.559/( (216.622+218.655)/ 2 )
=371.559/217.6385
=1.71

* 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.

17LIVE Group Total Assets Related Terms

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17LIVE Group (SGX:LVR) Business Description

Traded in Other Exchanges
N/A
Address
250 North Bridge Road, No.11-01, Raffles City Tower, Singapore, SGP, 179101
17LIVE Group Ltd Formerly Vertex Technology Acquisition Corp Ltd is a special-purpose investment vehicle intended to provide public market investors with access to a value-creating business at a fast growth stage of its life cycle and at the forefront of technological transformation.

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