African Equity Empowerment Investments (JSE:AEE) Total Assets : R1,712.0 Mil (As of Aug. 2023)

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What is African Equity Empowerment Investments Total Assets?

African Equity Empowerment Investments's Total Assets for the quarter that ended in Aug. 2023 was R1,712.0 Mil.

During the past 12 months, African Equity Empowerment Investments's average Total Assets Growth Rate was -66.90% per year. During the past 3 years, the average Total Assets Growth Rate was -27.30% per year. During the past 5 years, the average Total Assets Growth Rate was -18.30% per year. During the past 10 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 13 years, African Equity Empowerment Investments's highest 3-Year average Total Assets Growth Rate was 74.70%. The lowest was -27.30%. And the median was 15.95%.

Total Assets is connected with ROA %. African Equity Empowerment Investments's annualized ROA % for the quarter that ended in Aug. 2023 was -78.92%. Total Assets is also linked to Revenue through Asset Turnover. African Equity Empowerment Investments's Asset Turnover for the quarter that ended in Aug. 2023 was 0.11.

African Equity Empowerment Investments Total Assets Historical Data

The historical data trend for African Equity Empowerment Investments'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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African Equity Empowerment Investments Total Assets Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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7,454.31

7,211.68

6,449.83

6,029.76

1,711.96

African Equity Empowerment Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Total Assets	Get a 7-Day Free Trial															6,449.83	6,345.64	6,029.76	5,510.24	1,711.96

African Equity Empowerment Investments 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.

African Equity Empowerment Investments's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	1208.277	+	503.685
	=	1,712.0

African Equity Empowerment Investments's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	1208.277	+	503.685
	=	1,712.0

African Equity Empowerment Investments (JSE:AEE) Total Assets Explanation

Total Assets is connected with ROA %.

African Equity Empowerment Investments's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	-2849.842	/	( (5510.243	+	1711.962)	/ 2 )
	=	-2849.842	/	3611.1025
	=	-78.92 %

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

African Equity Empowerment Investments's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	389.612	/	( (5510.243	+	1711.962)	/ 2 )
=	389.612	/	3611.1025
=	0.11

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.

African Equity Empowerment Investments Total Assets Related Terms

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African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.