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IPD Group (ASX:IPG) Total Assets : A$205.2 Mil (As of Dec. 2023)


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What is IPD Group Total Assets?

IPD Group's Total Assets for the quarter that ended in Dec. 2023 was A$205.2 Mil.

During the past 12 months, IPD Group's average Total Assets Growth Rate was 17.20% per year.

Total Assets is connected with ROA %. IPD Group's annualized ROA % for the quarter that ended in Dec. 2023 was 11.07%. Total Assets is also linked to Revenue through Asset Turnover. IPD Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.70.

IPD Group Total Assets Historical Data

The historical data trend for IPD 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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IPD Group Total Assets Chart

IPD Group Annual Data
Trend Jun21 Jun22 Jun23
Total Assets
97.40 124.85 139.61

IPD Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets 116.07 124.85 136.20 139.61 205.18

IPD 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.

IPD 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 )
=72.915+66.692
=139.6

IPD 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 )
=142.683+62.498
=205.2

* 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.

IPD Group  (ASX:IPG) Total Assets Explanation

Total Assets is connected with ROA %.

IPD 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 )
=19.09/( (139.607+205.181)/ 2 )
=19.09/172.394
=11.07 %

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.

IPD 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 )
=120.736/( (139.607+205.181)/ 2 )
=120.736/172.394
=0.70

* 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.

IPD Group Total Assets Related Terms

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IPD Group (ASX:IPG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164
Website
https://www.ipdgroup.com.au
IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.