Swift Foods (PHS:SFIP.PFD) Total Assets : ₱520.73 Mil (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Swift Foods Total Assets?

Swift Foods's Total Assets for the quarter that ended in Mar. 2024 was ₱520.73 Mil.

During the past 12 months, Swift Foods's average Total Assets Growth Rate was 35.70% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year. During the past 5 years, the average Total Assets Growth Rate was 20.60% per year. During the past 10 years, the average Total Assets Growth Rate was 16.40% per year.

During the past 13 years, Swift Foods's highest 3-Year average Total Assets Growth Rate was 30.10%. The lowest was -52.10%. And the median was 5.10%.

Total Assets is connected with ROA %. Swift Foods's annualized ROA % for the quarter that ended in Mar. 2024 was -0.82%. Total Assets is also linked to Revenue through Asset Turnover. Swift Foods's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Swift Foods Total Assets Historical Data

The historical data trend for Swift Foods'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.

Swift Foods Total Assets Chart

Swift Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

283.77

361.80

378.43

386.61

524.40

Swift Foods 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															385.01	385.60	385.46	524.40	520.73

Swift Foods 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.

Swift Foods'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 )
	=	338.288	+	186.111
	=	524.40

Swift Foods'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 )
	=	337.214	+	183.52
	=	520.73

Swift Foods (PHS:SFIP.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Swift Foods'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 )
	=	-4.296	/	( (524.399	+	520.734)	/ 2 )
	=	-4.296	/	522.5665
	=	-0.82 %

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.

Swift Foods'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 )
=	8.819	/	( (524.399	+	520.734)	/ 2 )
=	8.819	/	522.5665
=	0.02

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.

Swift Foods Total Assets Related Terms

Thank you for viewing the detailed overview of Swift Foods's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Swift Foods (PHS:SFIP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Swift Foods Inc (PHS:SFIP.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SFI:Philippines

Address

Sheridan Corner, Pioneer Streets, 4th Floor RFM Corporate Center, Mandaluyong, PHL, 1550

Website

https://www.swiftfoods.com.ph

Swift Foods Inc is engaged in manufacturing, marketing, and distributing poultry products and commercial feeds. The company is primarily organized into two business divisions, namely, agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. The company operates and derives principally all of its revenue from domestic operations.

Swift Foods (PHS:SFIP.PFD) Headlines

No Headlines