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Argo Global Listed Infrastructure (ASX:ALI) Total Assets : A$409.98 Mil (As of Dec. 2023)


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What is Argo Global Listed Infrastructure Total Assets?

Argo Global Listed Infrastructure's Total Assets for the quarter that ended in Dec. 2023 was A$409.98 Mil.

During the past 12 months, Argo Global Listed Infrastructure's average Total Assets Growth Rate was 92.10% per year. During the past 3 years, the average Total Assets Growth Rate was 12.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 8 years, Argo Global Listed Infrastructure's highest 3-Year average Total Assets Growth Rate was 12.10%. The lowest was 3.20%. And the median was 4.90%.

Total Assets is connected with ROA %. Argo Global Listed Infrastructure's annualized ROA % for the quarter that ended in Dec. 2023 was -1.83%. Total Assets is also linked to Revenue through Asset Turnover. Argo Global Listed Infrastructure's Asset Turnover for the quarter that ended in Dec. 2023 was -0.01.


Argo Global Listed Infrastructure Total Assets Historical Data

The historical data trend for Argo Global Listed Infrastructure'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.

Argo Global Listed Infrastructure Total Assets Chart

Argo Global Listed Infrastructure Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial 366.55 330.46 362.57 421.86 433.80

Argo Global Listed Infrastructure Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 422.71 421.86 437.14 433.80 409.98

Argo Global Listed Infrastructure 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.

Argo Global Listed Infrastructure'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 )
=417.884+15.92
=433.80

Argo Global Listed Infrastructure'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 )
=406.867+3.115
=409.98

* 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.


Argo Global Listed Infrastructure  (ASX:ALI) Total Assets Explanation

Total Assets is connected with ROA %.

Argo Global Listed Infrastructure'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 )
=-7.708/( (433.804+409.982)/ 2 )
=-7.708/421.893
=-1.83 %

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.

Argo Global Listed Infrastructure'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 )
=-2.349/( (433.804+409.982)/ 2 )
=-2.349/421.893
=-0.01

* 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.

Argo Global Listed Infrastructure Total Assets Related Terms

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Argo Global Listed Infrastructure (ASX:ALI) Business Description

Traded in Other Exchanges
N/A
Address
91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Global Listed Infrastructure Ltd is an investment company, which manages a portfolio of global listed securities in the Infrastructure sector. The business objective of the company is to provide a total return for long-term investors consisting of capital growth and dividend income, from a global listed infrastructure portfolio which can provide diversification benefits for Australian investors. The company derives its revenue from its international investment portfolio through the receipt of dividends, distributions, interest and any profits on the revaluation or sale of its investments.

Argo Global Listed Infrastructure (ASX:ALI) Headlines

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