GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Total Assets

Globavend Holdings (Globavend Holdings) Total Assets : $4.48 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Globavend Holdings Total Assets?

Globavend Holdings's Total Assets for the quarter that ended in Sep. 2023 was $4.48 Mil.

During the past 12 months, Globavend Holdings's average Total Assets Growth Rate was 99.70% per year.

Total Assets is connected with ROA %. Globavend Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 31.54%. Total Assets is also linked to Revenue through Asset Turnover. Globavend Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 2.31.

Globavend Holdings Total Assets Historical Data

The historical data trend for Globavend 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.

* Premium members only.

Globavend Holdings Total Assets Chart

Globavend Holdings Annual Data
Trend Sep21 Sep22 Sep23
Total Assets
2.71 2.52 4.48

Globavend Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets 2.71 - 2.52 3.48 4.48

Globavend 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.

Globavend Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=0.502+3.973
=4.48

Globavend Holdings's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=0.502+3.973
=4.48

* 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.

Globavend Holdings  (NAS:GVH) Total Assets Explanation

Total Assets is connected with ROA %.

Globavend Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.254/( (3.476+4.475)/ 2 )
=1.254/3.9755
=31.54 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Globavend Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=9.186/( (3.476+4.475)/ 2 )
=9.186/3.9755
=2.31

* 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.

Globavend Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Globavend Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Globavend Holdings (Globavend Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000
Website
https://www.globavend.com
Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

No Headlines