Praram 9 Hospital PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿6,015 Mil.
Warning Sign:
If a company builds assets at 8.1% a year, faster than its revenue growth rate of 7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Praram 9 Hospital PCL's average Total Assets Growth Rate was 2.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.10% per year.
During the past 10 years, Praram 9 Hospital PCL's highest 3-Year average Total Assets Growth Rate was 30.70%. The lowest was 1.80%. And the median was 20.70%.
Praram 9 Hospital PCL Total Assets Historical Data
The historical data trend for Praram 9 Hospital PCL'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.
Praram 9 Hospital PCL'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.
Praram 9 Hospital PCL (BKK:PR9) 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.
Praram 9 Hospital PCL'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.
Praram 9 Hospital PCL Total Assets Related Terms
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Praram 9 Hospital PCL (BKK:PR9) Business Description
Praram 9 Hospital PCL operates as a hospital in Bangkok. The company provides medical services to individual cash payment corporate, contract patients, and foreign tourists with world-class medical services accredited by JCI standard. Substantial revenue is earned from hospital operations, which includes, medical fees, hospital room sales, and medicine sales, which are recognised as revenue and the point in time when services have been rendered or medicines have been delivered. Its operations are carried on only in Thailand.
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