Bonal International (Bonal International) Total Assets : $1.97 Mil (As of Mar. 2023)

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What is Bonal International Total Assets?

Bonal International's Total Assets for the quarter that ended in Mar. 2023 was $1.97 Mil.

During the past 12 months, Bonal International's average Total Assets Growth Rate was 54.90% per year.

Total Assets is connected with ROA %. Bonal International's annualized ROA % for the quarter that ended in Mar. 2023 was 2.66%. Total Assets is also linked to Revenue through Asset Turnover. Bonal International's Asset Turnover for the quarter that ended in Mar. 2023 was 0.93.

Bonal International Total Assets Historical Data

The historical data trend for Bonal International'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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Bonal International Total Assets Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

Total Assets

1.87

1.97

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
Total Assets	-	1.87	1.97

Bonal International 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.

Bonal International's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	1.631	+	0.334
	=	1.97

Bonal International's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	1.631	+	0.334
	=	1.97

Bonal International (OTCPK:BONL) Total Assets Explanation

Total Assets is connected with ROA %.

Bonal International's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	0.051	/	( (1.87	+	1.965)	/ 2 )
	=	0.051	/	1.9175
	=	2.66 %

Note: The Net Income data used here is one times the annual (Mar. 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.

Bonal International's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	1.777	/	( (1.87	+	1.965)	/ 2 )
=	1.777	/	1.9175
=	0.93

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.

Bonal International Total Assets Related Terms

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Bonal International (Bonal International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

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