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Mauritius Secondary Industries (XMAU:MSIL.I0000) Total Assets : MUR90.78 Mil (As of Dec. 2023)


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What is Mauritius Secondary Industries Total Assets?

Mauritius Secondary Industries's Total Assets for the quarter that ended in Dec. 2023 was MUR90.78 Mil.

During the past 12 months, Mauritius Secondary Industries's average Total Assets Growth Rate was 6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year.

During the past 4 years, Mauritius Secondary Industries's highest 3-Year average Total Assets Growth Rate was 4.80%. The lowest was 4.80%. And the median was 4.80%.

Total Assets is connected with ROA %. Mauritius Secondary Industries's annualized ROA % for the quarter that ended in Dec. 2023 was 0.98%. Total Assets is also linked to Revenue through Asset Turnover. Mauritius Secondary Industries's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Mauritius Secondary Industries Total Assets Historical Data

The historical data trend for Mauritius Secondary Industries'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.

Mauritius Secondary Industries Total Assets Chart

Mauritius Secondary Industries Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Assets
78.67 87.03 85.12 89.12

Mauritius Secondary Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 85.06 86.26 89.12 90.93 90.78

Mauritius Secondary Industries 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.

Mauritius Secondary Industries'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 )
=81.974+7.141
=89.12

Mauritius Secondary Industries's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=84.474+6.309
=90.78

* 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.

Mauritius Secondary Industries  (XMAU:MSIL.I0000) Total Assets Explanation

Total Assets is connected with ROA %.

Mauritius Secondary Industries's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.888/( (90.927+90.782)/ 2 )
=0.888/90.8545
=0.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Mauritius Secondary Industries's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2.948/( (90.927+90.782)/ 2 )
=2.948/90.8545
=0.03

* 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.

Mauritius Secondary Industries Total Assets Related Terms

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Mauritius Secondary Industries (XMAU:MSIL.I0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mauritius Secondary Industries Ltd (XMAU:MSIL.I0000) » Definitions » Total Assets
Comparable Companies
XMAU:NOV CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW HKSE:01209 XTER:DWNI XSWX:SPSN STC:VHM TSE:3003 SAU:4250 STC:VIC TSX:FSV OSTO:SAGA A
Traded in Other Exchanges
N/A
Address
C/O United Bus Service Ltd., Les Cassis, Port Louis, MUS
Website
https://www.accgroup.mu/msi
Mauritius Secondary Industries Ltd is engaged in the retreading of motor vehichle tyres and rental of commercial building. The Company is only engaged in property rental activity locally.

Mauritius Secondary Industries (XMAU:MSIL.I0000) Headlines

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