Ranhill Utilities Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM3,911 Mil.
Warning Sign:
If a company builds assets at 3% a year, faster than its revenue growth rate of 2.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Ranhill Utilities Bhd's average Total Assets Growth Rate was 34.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.70% per year.
During the past 13 years, Ranhill Utilities Bhd's highest 3-Year average Total Assets Growth Rate was 185.60%. The lowest was -15.90%. And the median was -2.90%.
Ranhill Utilities Bhd Total Assets Historical Data
The historical data trend for Ranhill Utilities 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.
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.
Ranhill Utilities Bhd's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ranhill Utilities Bhd (XKLS:5272) Total Assets Explanation
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.
Ranhill Utilities Bhd's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Ranhill Utilities Bhd Total Assets Related Terms
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Ranhill Utilities Bhd (XKLS:5272) Business Description
Ranhill Utilities Bhd is engaged in investment holding business. Its services include the provision of water supply services by source-to-tap water in Johor, Water and wastewater treatment offering water and industrial wastewater treatment technologies, and Non-Revenue Water management and reduction programmes. The company's segments are Environment sector which offers water supply services, specialized services in the management and optimisation of water utility assets, and operation of water and wastewater treatment plants; Power sector in which the group owns and operates two combined cycle gas turbine power plants in Sabah, Malaysia; and Other segment covering management services to subsidiaries. It operates in Malaysia and Thailand, and earns key revenue from the Environment segment.
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