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More Provident Funds And Pension (XTAE:MPP) Total Assets : ₪505.8 Mil (As of Dec. 2023)


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What is More Provident Funds And Pension Total Assets?

More Provident Funds And Pension's Total Assets for the quarter that ended in Dec. 2023 was ₪505.8 Mil.

During the past 12 months, More Provident Funds And Pension's average Total Assets Growth Rate was 27.40% per year. During the past 3 years, the average Total Assets Growth Rate was 100.40% per year.

During the past 6 years, More Provident Funds And Pension's highest 3-Year average Total Assets Growth Rate was 248.60%. The lowest was 100.40%. And the median was 174.50%.

Total Assets is connected with ROA %. More Provident Funds And Pension's annualized ROA % for the quarter that ended in Dec. 2023 was 11.97%. Total Assets is also linked to Revenue through Asset Turnover. More Provident Funds And Pension's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

More Provident Funds And Pension Total Assets Historical Data

The historical data trend for More Provident Funds And Pension'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.

More Provident Funds And Pension Total Assets Chart

More Provident Funds And Pension Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 15.00 66.66 232.99 513.06 505.75

More Provident Funds And Pension Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 513.06 542.48 495.06 510.56 505.75

More Provident Funds And Pension 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.

More Provident Funds And Pension'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 )
=235.31+270.443
=505.8

More Provident Funds And Pension'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 )
=235.31+270.443
=505.8

* 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.

More Provident Funds And Pension  (XTAE:MPP) Total Assets Explanation

Total Assets is connected with ROA %.

More Provident Funds And Pension'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 )
=60.84/( (510.564+505.753)/ 2 )
=60.84/508.1585
=11.97 %

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.

More Provident Funds And Pension'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 )
=121.154/( (510.564+505.753)/ 2 )
=121.154/508.1585
=0.24

* 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.

More Provident Funds And Pension Total Assets Related Terms

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More Provident Funds And Pension (XTAE:MPP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » More Provident Funds And Pension Ltd (XTAE:MPP) » Definitions » Total Assets
Comparable Companies
XTAE:GNRS XTAE:MRIN XTAE:EMDV XTAE:ANLT XTAE:MISH XTAE:ELRN XTAE:BIMT XTAE:ALTF XTAE:MTAV XTAE:CPTP BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334
Website
https://www.moreinvest.co.il
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

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