Starflex PCL (BKK:SFLEX) Total Assets : ฿2,214 Mil (As of Mar. 2024)

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What is Starflex PCL Total Assets?

Starflex PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿2,214 Mil.

During the past 12 months, Starflex PCL's average Total Assets Growth Rate was 35.60% per year. During the past 3 years, the average Total Assets Growth Rate was 20.50% per year. During the past 5 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 8 years, Starflex PCL's highest 3-Year average Total Assets Growth Rate was 20.50%. The lowest was 3.00%. And the median was 16.60%.

Total Assets is connected with ROA %. Starflex PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 11.96%. Total Assets is also linked to Revenue through Asset Turnover. Starflex PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

Starflex PCL Total Assets Historical Data

The historical data trend for Starflex PCL'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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Starflex PCL Total Assets Chart

Starflex PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,400.46

1,285.12

1,506.57

1,601.85

2,036.10

Starflex PCL 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															1,631.39	1,635.19	1,649.71	2,036.10	2,214.13

Starflex PCL 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.

Starflex PCL's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1000.509	+	1035.588
	=	2,036

Starflex PCL'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 )
	=	1057.832	+	1156.302
	=	2,214

Starflex PCL (BKK:SFLEX) Total Assets Explanation

Total Assets is connected with ROA %.

Starflex PCL'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 )
	=	254.068	/	( (2036.097	+	2214.134)	/ 2 )
	=	254.068	/	2125.1155
	=	11.96 %

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.

Starflex PCL'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 )
=	485.008	/	( (2036.097	+	2214.134)	/ 2 )
=	485.008	/	2125.1155
=	0.23

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.

Starflex PCL Total Assets Related Terms

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Starflex PCL (BKK:SFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Starflex PCL (BKK:SFLEX) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560

Website

https://www.starflex.co.th

Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.

Starflex PCL (BKK:SFLEX) Headlines

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