MMA Offshore (MMA Offshore) Total Assets : $433.2 Mil (As of Dec. 2023)

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What is MMA Offshore Total Assets?

MMA Offshore's Total Assets for the quarter that ended in Dec. 2023 was $433.2 Mil.

During the past 12 months, MMA Offshore's average Total Assets Growth Rate was 15.20% per year. During the past 3 years, the average Total Assets Growth Rate was 4.10% per year. During the past 5 years, the average Total Assets Growth Rate was -2.40% per year. During the past 10 years, the average Total Assets Growth Rate was -8.20% per year.

During the past 13 years, MMA Offshore's highest 3-Year average Total Assets Growth Rate was 49.60%. The lowest was -24.00%. And the median was 24.60%.

Total Assets is connected with ROA %. MMA Offshore's annualized ROA % for the quarter that ended in Dec. 2023 was 19.22%. Total Assets is also linked to Revenue through Asset Turnover. MMA Offshore's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

MMA Offshore Total Assets Historical Data

The historical data trend for MMA Offshore'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.

MMA Offshore Total Assets Chart

MMA Offshore Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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429.77

393.25

403.09

376.65

436.83

MMA Offshore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															370.85	376.65	402.49	436.83	433.17

MMA Offshore 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.

MMA Offshore'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 )
	=	326.07	+	110.76
	=	436.8

MMA Offshore'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 )
	=	363.987	+	69.179
	=	433.2

MMA Offshore (OTCPK:MRMAF) Total Assets Explanation

Total Assets is connected with ROA %.

MMA Offshore'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 )
	=	83.608	/	( (436.83	+	433.167)	/ 2 )
	=	83.608	/	434.9985
	=	19.22 %

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.

MMA Offshore'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 )
=	136.962	/	( (436.83	+	433.167)	/ 2 )
=	136.962	/	434.9985
=	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.

MMA Offshore Total Assets Related Terms

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MMA Offshore (MMA Offshore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MMA Offshore Ltd (OTCPK:MRMAF) » Definitions » Total Assets

Traded in Other Exchanges

MRM:Australia

Address

12-14 The Esplanade, EQ12, Level 10, Perth, WA, AUS, 6000

Website

https://www.mmaoffshore.com

MMA Offshore Ltd is involved in providing marine-related services. The company's operating segment includes Vessel Services; Subsea Services and Project Logistics. It generates maximum revenue from the Vessel Services segment. The Vessel Services segment provision of specialised offshore support vessels. Its Subsea Services segment provides services to companies operating in subsea environments including inspection, maintenance and repair. The Project Logistics segment includes project management of large marine spreads and complex marine logistics. Geographically, it derives a majority of revenue from Australia.

MMA Offshore (MMA Offshore) Headlines

From GuruFocus

Half Year 2024 MMA Offshore Ltd Earnings Call Transcript

By GuruFocus Research • 02-28-2024