Halo Technologies Holdings (ASX:HAL) Total Assets : A$466.10 Mil (As of Dec. 2023)

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What is Halo Technologies Holdings Total Assets?

Halo Technologies Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$466.10 Mil.

During the past 12 months, Halo Technologies Holdings's average Total Assets Growth Rate was 120.30% per year.

Total Assets is connected with ROA %. Halo Technologies Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -2.05%. Total Assets is also linked to Revenue through Asset Turnover. Halo Technologies Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Halo Technologies Holdings Total Assets Historical Data

The historical data trend for Halo Technologies Holdings'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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Halo Technologies Holdings Total Assets Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

283.27

227.12

466.10

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Total Assets	230.70	227.12	254.93	466.10

Halo Technologies Holdings 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.

Halo Technologies Holdings'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 )
	=	17.833	+	448.262
	=	466.10

Halo Technologies Holdings'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 )
	=	17.833	+	448.262
	=	466.10

Halo Technologies Holdings (ASX:HAL) Total Assets Explanation

Total Assets is connected with ROA %.

Halo Technologies Holdings'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 )
	=	-7.38	/	( (254.934	+	466.095)	/ 2 )
	=	-7.38	/	360.5145
	=	-2.05 %

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.

Halo Technologies Holdings'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 )
=	7.038	/	( (254.934	+	466.095)	/ 2 )
=	7.038	/	360.5145
=	0.02

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.

Halo Technologies Holdings Total Assets Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.