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Sangoma Technologies (Sangoma Technologies) Total Assets : $414.1 Mil (As of Mar. 2024)


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What is Sangoma Technologies Total Assets?

Sangoma Technologies's Total Assets for the quarter that ended in Mar. 2024 was $414.1 Mil.

During the past 12 months, Sangoma Technologies's average Total Assets Growth Rate was -15.30% per year. During the past 3 years, the average Total Assets Growth Rate was 57.20% per year. During the past 5 years, the average Total Assets Growth Rate was 83.70% per year. During the past 10 years, the average Total Assets Growth Rate was 57.10% per year.

During the past 13 years, Sangoma Technologies's highest 3-Year average Total Assets Growth Rate was 308.80%. The lowest was -17.50%. And the median was 12.85%.

Total Assets is connected with ROA %. Sangoma Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -1.22%. Total Assets is also linked to Revenue through Asset Turnover. Sangoma Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.


Sangoma Technologies Total Assets Historical Data

The historical data trend for Sangoma Technologies'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.

Sangoma Technologies Total Assets Chart

Sangoma Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.44 128.95 540.35 498.53 442.75

Sangoma Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 470.27 442.75 431.10 418.78 414.08

Sangoma Technologies 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.

Sangoma Technologies'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 )
=266.115+176.631
=442.7

Sangoma Technologies's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=260.911+153.164
=414.1

* 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.


Sangoma Technologies  (NAS:SANG) Total Assets Explanation

Total Assets is connected with ROA %.

Sangoma Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-5.072/( (418.782+414.075)/ 2 )
=-5.072/416.4285
=-1.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Sangoma Technologies's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=61.046/( (418.782+414.075)/ 2 )
=61.046/416.4285
=0.15

* 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.

Sangoma Technologies Total Assets Related Terms

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Sangoma Technologies (Sangoma Technologies) Business Description

Traded in Other Exchanges
Address
100 Renfrew Drive, Suite 100, Markham, ON, CAN, L3R 9R6
Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes Cloud Services, Video Conferencing, Carrier Services, Business Phone Systems, Phones & Devices, and Network Connectivity. The company sells into three major geographic centers: the United States of America, which is the key revenue driver, Canada, and other foreign countries.