PT Vale Indonesia Tbk's Total Assets for the quarter that ended in Dec. 2023 was $2,926 Mil.
During the past 12 months, PT Vale Indonesia Tbk's average Total Assets Growth Rate was 7.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, PT Vale Indonesia Tbk's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -0.10%. And the median was 4.40%.
PT Vale Indonesia Tbk Total Assets Historical Data
The historical data trend for PT Vale Indonesia Tbk'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.
PT Vale Indonesia Tbk'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.
PT Vale Indonesia Tbk (OTCPK:PTNDY) Total Assets Explanation
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.
PT Vale Indonesia Tbk's Asset Turnover for the quarter that ended in Dec. 2023 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.
PT Vale Indonesia Tbk Total Assets Related Terms
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PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Business Description
PT Vale Indonesia Tbk is primarily engaged in nickel mining and processing in Indonesia. The company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia. The finished nickel product represents what is known in the industry as "primary nickel," meaning nickel produced principally from nickel ores, as opposed to "secondary" nickel, which is recovered from recycled metal which contains nickel. The majority of global nickel is used for stainless steel production.
PT Vale Indonesia Tbk (PT Vale Indonesia Tbk) Headlines
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