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Ricegrowers (ASX:SGLLV) Total Assets : A$1,265 Mil (As of Oct. 2023)


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What is Ricegrowers Total Assets?

Ricegrowers's Total Assets for the quarter that ended in Oct. 2023 was A$1,265 Mil.

During the past 12 months, Ricegrowers's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 5 years, Ricegrowers's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was 12.70%. And the median was 14.95%.

Total Assets is connected with ROA %. Ricegrowers's annualized ROA % for the quarter that ended in Oct. 2023 was 4.62%. Total Assets is also linked to Revenue through Asset Turnover. Ricegrowers's Asset Turnover for the quarter that ended in Oct. 2023 was 0.71.

Ricegrowers Total Assets Historical Data

The historical data trend for Ricegrowers'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.

Ricegrowers Total Assets Chart

Ricegrowers Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Total Assets
829.89 818.31 921.53 1,198.79 1,326.96

Ricegrowers Semi-Annual Data
Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 915.11 1,198.79 1,317.54 1,326.96 1,264.91

Ricegrowers 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.

Ricegrowers's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets=Total Equity (A: Apr. 2023 )+Total Liabilities (A: Apr. 2023 )
=556.646+770.317
=1,327

Ricegrowers's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=573.423+691.482
=1,265

* 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.

Ricegrowers  (ASX:SGLLV) Total Assets Explanation

Total Assets is connected with ROA %.

Ricegrowers's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=59.932/( (1326.963+1264.905)/ 2 )
=59.932/1295.934
=4.62 %

Note: The Net Income data used here is two times the semi-annual (Oct. 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.

Ricegrowers's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=915.863/( (1326.963+1264.905)/ 2 )
=915.863/1295.934
=0.71

* 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.

Ricegrowers Total Assets Related Terms

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Ricegrowers (ASX:SGLLV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ricegrowers Ltd (ASX:SGLLV) » Definitions » Total Assets
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ASX:LGL ASX:MCA ASX:NAM ASX:AAC ASX:CSS ASX:DBF ASX:SFG ASX:FRM ASX:E33 ASX:RFA ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
7H0:Germany
Address
57 Yanco Avenue, Leeton, NSW, AUS, 2705
Website
https://www.sunrice.com.au
Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Food, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment.

Ricegrowers (ASX:SGLLV) Headlines

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