Marine & General Bhd (XKLS:5078) Total Assets : RM852.2 Mil (As of Jan. 2024)

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What is Marine & General Bhd Total Assets?

Marine & General Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM852.2 Mil.

During the past 12 months, Marine & General Bhd's average Total Assets Growth Rate was 3.50% per year. During the past 3 years, the average Total Assets Growth Rate was -2.10% per year. During the past 5 years, the average Total Assets Growth Rate was -14.90% per year. During the past 10 years, the average Total Assets Growth Rate was -10.80% per year.

During the past 13 years, Marine & General Bhd's highest 3-Year average Total Assets Growth Rate was 29.60%. The lowest was -29.90%. And the median was 1.60%.

Total Assets is connected with ROA %. Marine & General Bhd's annualized ROA % for the quarter that ended in Jan. 2024 was 6.24%. Total Assets is also linked to Revenue through Asset Turnover. Marine & General Bhd's Asset Turnover for the quarter that ended in Jan. 2024 was 0.10.

Marine & General Bhd Total Assets Historical Data

The historical data trend for Marine & General Bhd'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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Marine & General Bhd Total Assets Chart

Marine & General Bhd Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Dec16

Dec17

Apr20

Apr21

Apr22

Apr23

Total Assets

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1,131.34

959.58

846.80

826.10

860.04

Marine & General Bhd Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															813.82	860.04	861.20	850.79	852.22

Marine & General Bhd 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.

Marine & General Bhd's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	84.461	+	775.58
	=	860.0

Marine & General Bhd's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	134.24	+	717.979
	=	852.2

Marine & General Bhd (XKLS:5078) Total Assets Explanation

Total Assets is connected with ROA %.

Marine & General Bhd's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	53.124	/	( (850.786	+	852.219)	/ 2 )
	=	53.124	/	851.5025
	=	6.24 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Marine & General Bhd's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	88.404	/	( (850.786	+	852.219)	/ 2 )
=	88.404	/	851.5025
=	0.10

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.

Marine & General Bhd Total Assets Related Terms

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Marine & General Bhd (XKLS:5078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine & General Bhd (XKLS:5078) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

No. 1, Jalan Tun Mohd Fuad, Level 23, Plaza VADS, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.marine-general.com.my

Marine & General Bhd is an investment holding company. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. Its business activities are the provision of vessel charter services serving the upstream oil and gas industry, the downstream oil and gas sector, and petroleum product tankers. The company generates the majority of its revenue from Malaysia.

Marine & General Bhd (XKLS:5078) Headlines

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