Conduit Capital (JSE:CND) Total Assets : R1,463.2 Mil (As of Dec. 2021)

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What is Conduit Capital Total Assets?

Conduit Capital's Total Assets for the quarter that ended in Dec. 2021 was R1,463.2 Mil.

Total Assets is connected with ROA %. Conduit Capital's annualized ROA % for the quarter that ended in Dec. 2021 was -10.67%. Total Assets is also linked to Revenue through Asset Turnover. Conduit Capital's Asset Turnover for the quarter that ended in Dec. 2021 was 0.36.

Conduit Capital Total Assets Historical Data

The historical data trend for Conduit Capital'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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Conduit Capital Total Assets Chart

Conduit Capital Annual Data

Trend

Aug12

Aug13

Aug14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Total Assets

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1,795.14

2,405.32

2,284.33

1,689.80

1,408.84

Conduit Capital Semi-Annual Data
	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Total Assets	Get a 7-Day Free Trial															1,988.59	1,689.80	1,568.82	1,408.84	1,463.23

Conduit Capital 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.

Conduit Capital's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Assets	=	Total Equity (A: Jun. 2021 )	+	Total Liabilities (A: Jun. 2021 )
	=	17.253	+	1391.591
	=	1,408.8

Conduit Capital's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2021 )	+	Total Liabilities (Q: Dec. 2021 )
	=	-59.29	+	1522.521
	=	1,463.2

Conduit Capital (JSE:CND) Total Assets Explanation

Total Assets is connected with ROA %.

Conduit Capital's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %	=	Net Income (Q: Dec. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
	=	-153.18	/	( (1408.844	+	1463.231)	/ 2 )
	=	-153.18	/	1436.0375
	=	-10.67 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) 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.

Conduit Capital's Asset Turnover for the quarter that ended in Dec. 2021 is

	Asset Turnover
=	Revenue (Q: Dec. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
=	517.37	/	( (1408.844	+	1463.231)	/ 2 )
=	517.37	/	1436.0375
=	0.36

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.

Conduit Capital Total Assets Related Terms

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Conduit Capital (JSE:CND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (JSE:CND) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191

Website

http://www.conduitcapital.co.za

Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.