Glow Energy PCL's Total Assets for the quarter that ended in Sep. 2019 was ฿107,622 Mil.
During the past 12 months, Glow Energy PCL's average Total Assets Growth Rate was -2.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -4.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -4.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.
During the past 13 years, Glow Energy PCL's highest 3-Year average Total Assets Growth Rate was 26.10%. The lowest was -5.30%. And the median was 3.85%.
The historical data trend for Glow Energy PCL'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.
Glow Energy PCL's Total Assets for the fiscal year that ended in Dec. 2018 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.
Glow Energy PCL (BKK:GLOW-R) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2019) 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.
Glow Energy PCL's Asset Turnover for the quarter that ended in Sep. 2019 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.
Glow Energy PCL Total Assets Related Terms
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Glow Energy PCL is a power producing and utilities company based in Thailand. The core business is electricity generation for the Electricity Generating Authority of Thailand (EGAT) and Electricite du Laos (EDL). The company also generates and delivers electricity, steam, and processed water to industrial customers. The firm derives the majority of its revenue from electricity products and services. Glow is divided into Independent Power Producer, Cogeneration, and Renewable energy business lines. The firm operates its own production facilities. They are located in the Chonburi and Rayong provinces of Thailand and the Attapeu province of Laos.
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