iCandy Interactive (ASX:ICI) Total Assets : A$74.10 Mil (As of Dec. 2023)

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What is iCandy Interactive Total Assets?

iCandy Interactive's Total Assets for the quarter that ended in Dec. 2023 was A$74.10 Mil.

Warning Sign:

If a company builds assets at 96.4% a year, faster than its revenue growth rate of 14.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, iCandy Interactive's average Total Assets Growth Rate was -6.40% per year. During the past 3 years, the average Total Assets Growth Rate was 125.40% per year. During the past 5 years, the average Total Assets Growth Rate was 96.40% per year.

During the past 8 years, iCandy Interactive's highest 3-Year average Total Assets Growth Rate was 168.00%. The lowest was 5.50%. And the median was 58.50%.

Total Assets is connected with ROA %. iCandy Interactive's annualized ROA % for the quarter that ended in Dec. 2023 was -21.82%. Total Assets is also linked to Revenue through Asset Turnover. iCandy Interactive's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

iCandy Interactive Total Assets Historical Data

The historical data trend for iCandy Interactive'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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iCandy Interactive Total Assets Chart

iCandy Interactive Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.20

17.75

36.05

93.25

74.10

iCandy Interactive 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											36.05	108.47	93.25	87.52	74.10

iCandy Interactive 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.

iCandy Interactive'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 )
	=	64.701	+	9.396
	=	74.10

iCandy Interactive'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 )
	=	64.701	+	9.396
	=	74.10

iCandy Interactive (ASX:ICI) Total Assets Explanation

Total Assets is connected with ROA %.

iCandy Interactive'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 )
	=	-17.632	/	( (87.518	+	74.097)	/ 2 )
	=	-17.632	/	80.8075
	=	-21.82 %

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.

iCandy Interactive'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 )
=	25.426	/	( (87.518	+	74.097)	/ 2 )
=	25.426	/	80.8075
=	0.31

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.

iCandy Interactive Total Assets Related Terms

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iCandy Interactive (ASX:ICI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » iCandy Interactive Ltd (ASX:ICI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.icandy.io

iCandy Interactive Ltd is an investment holding company. The company is engaged in developing and publishing freenium games for smartphones, which are free-to-download and free-to-play for platers. It has two operating segments: Game development services; which is also the key revenue driver. and Game development and publishing for the development of intellectual properties for software applications and games.