Wasco Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM2,821 Mil.
During the past 12 months, Wasco Bhd's average Total Assets Growth Rate was 7.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.70% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.50% per year.
During the past 10 years, the average Total Assets Growth Rate was -0.70% per year.
During the past 13 years, Wasco Bhd's highest 3-Year average Total Assets Growth Rate was 16.70%. The lowest was -10.90%. And the median was 2.90%.
Total Assets is connected with ROA %. Wasco Bhd's annualizedROA % for the quarter that ended in Mar. 2024 was 7.91%. Total Assets is also linked to Revenue through Asset Turnover. Wasco Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.
Wasco Bhd Total Assets Historical Data
The historical data trend for Wasco 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.
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.
Wasco Bhd'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.
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.
Wasco Bhd'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.
Wasco Bhd Total Assets Related Terms
Thank you for viewing the detailed overview of Wasco Bhd's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:5142 has been successfully added to your 