Volcano Bhd (XKLS:0232) Total Assets : RM116.45 Mil (As of Mar. 2024)

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What is Volcano Bhd Total Assets?

Volcano Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM116.45 Mil.

During the past 12 months, Volcano Bhd's average Total Assets Growth Rate was 5.30% per year. During the past 3 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 3 years, Volcano Bhd's highest 3-Year average Total Assets Growth Rate was 8.30%. The lowest was 8.30%. And the median was 8.30%.

Total Assets is connected with ROA %. Volcano Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 3.42%. Total Assets is also linked to Revenue through Asset Turnover. Volcano Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Volcano Bhd Total Assets Historical Data

The historical data trend for Volcano 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.

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Volcano Bhd Total Assets Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Total Assets

67.25

74.55

74.40

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									93.57	-	113.57	118.04	116.45

Volcano Bhd 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.

Volcano Bhd's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	67.372	+	7.032
	=	74.40

Volcano Bhd's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	102.614	+	13.838
	=	116.45

Volcano Bhd (XKLS:0232) Total Assets Explanation

Total Assets is connected with ROA %.

Volcano Bhd's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	4.008	/	( (118.035	+	116.452)	/ 2 )
	=	4.008	/	117.2435
	=	3.42 %

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.

Volcano Bhd's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	17.169	/	( (118.035	+	116.452)	/ 2 )
=	17.169	/	117.2435
=	0.15

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.

Volcano Bhd Total Assets Related Terms

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Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

Volcano Bhd (XKLS:0232) Headlines

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