Binasat Communications Bhd (XKLS:0195) Total Assets : RM190.3 Mil (As of Sep. 2023)

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What is Binasat Communications Bhd Total Assets?

Binasat Communications Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM190.3 Mil.

During the past 12 months, Binasat Communications Bhd's average Total Assets Growth Rate was 20.90% per year. During the past 3 years, the average Total Assets Growth Rate was 35.50% per year. During the past 5 years, the average Total Assets Growth Rate was 30.30% per year.

During the past 9 years, Binasat Communications Bhd's highest 3-Year average Total Assets Growth Rate was 35.50%. The lowest was 17.80%. And the median was 25.65%.

Total Assets is connected with ROA %. Binasat Communications Bhd's annualized ROA % for the quarter that ended in Sep. 2023 was -1.49%. Total Assets is also linked to Revenue through Asset Turnover. Binasat Communications Bhd's Asset Turnover for the quarter that ended in Sep. 2023 was 0.12.

Binasat Communications Bhd Total Assets Historical Data

The historical data trend for Binasat Communications 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.

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Binasat Communications Bhd Total Assets Chart

Binasat Communications Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Assets

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89.11

94.39

107.27

117.15

166.81

Binasat Communications Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															171.02	175.58	184.82	170.23	190.30

Binasat Communications Bhd 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.

Binasat Communications Bhd's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (A: Jun. 2022 )	+	Total Liabilities (A: Jun. 2022 )
	=	131.64	+	35.17
	=	166.8

Binasat Communications Bhd's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	136.631	+	53.667
	=	190.3

Binasat Communications Bhd (XKLS:0195) Total Assets Explanation

Total Assets is connected with ROA %.

Binasat Communications Bhd's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-2.692	/	( (170.228	+	190.298)	/ 2 )
	=	-2.692	/	180.263
	=	-1.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Binasat Communications Bhd's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	21.33	/	( (170.228	+	190.298)	/ 2 )
=	21.33	/	180.263
=	0.12

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.

Binasat Communications Bhd Total Assets Related Terms

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Binasat Communications Bhd (XKLS:0195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Binasat Communications Bhd (XKLS:0195) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.binacom.com.my

Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

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