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Hod-Assaf Industries (XTAE:HOD) Total Assets : ₪1,195 Mil (As of Dec. 2023)


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What is Hod-Assaf Industries Total Assets?

Hod-Assaf Industries's Total Assets for the quarter that ended in Dec. 2023 was ₪1,195 Mil.

During the past 12 months, Hod-Assaf Industries's average Total Assets Growth Rate was -4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.40% per year. During the past 5 years, the average Total Assets Growth Rate was 3.90% per year.

During the past 11 years, Hod-Assaf Industries's highest 3-Year average Total Assets Growth Rate was 13.40%. The lowest was -1.20%. And the median was 5.40%.

Total Assets is connected with ROA %. Hod-Assaf Industries's annualized ROA % for the quarter that ended in Dec. 2023 was -3.69%. Total Assets is also linked to Revenue through Asset Turnover. Hod-Assaf Industries's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.


Hod-Assaf Industries Total Assets Historical Data

The historical data trend for Hod-Assaf 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.

Hod-Assaf Industries Total Assets Chart

Hod-Assaf Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,057.30 968.20 1,129.08 1,243.00 1,195.15

Hod-Assaf Industries Quarterly Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,243.00 1,163.94 1,090.94 1,228.50 1,195.15

Hod-Assaf 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.

Hod-Assaf Industries'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 )
=680.859+514.291
=1,195

Hod-Assaf 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 )
=680.859+514.291
=1,195

* 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.


Hod-Assaf Industries  (XTAE:HOD) Total Assets Explanation

Total Assets is connected with ROA %.

Hod-Assaf 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 )
=-44.76/( (1228.499+1195.15)/ 2 )
=-44.76/1211.8245
=-3.69 %

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.

Hod-Assaf 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 )
=330.813/( (1228.499+1195.15)/ 2 )
=330.813/1211.8245
=0.27

* 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.

Hod-Assaf Industries Total Assets Related Terms

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Hod-Assaf Industries (XTAE:HOD) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 493, Akko, ISR, 24100
Hod-Assaf Industries Ltd produces, processes and sells concrete reinforcement steel products. The company produces steel, steel wire, welded nuts, fencing products. Its products are used for the construction, infrastructure, defense and agriculture industries. It operates steel production and processing plants in Acre and Kiryat Gat.

Hod-Assaf Industries (XTAE:HOD) Headlines

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