Fitters Diversified Bhd (XKLS:9318) Total Assets : RM490.8 Mil (As of Dec. 2023)

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What is Fitters Diversified Bhd Total Assets?

Fitters Diversified Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM490.8 Mil.

During the past 12 months, Fitters Diversified Bhd's average Total Assets Growth Rate was -13.60% per year. During the past 3 years, the average Total Assets Growth Rate was -13.80% per year. During the past 5 years, the average Total Assets Growth Rate was -7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.70% per year.

During the past 13 years, Fitters Diversified Bhd's highest 3-Year average Total Assets Growth Rate was 23.80%. The lowest was -13.80%. And the median was 8.00%.

Total Assets is connected with ROA %. Fitters Diversified Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -3.20%. Total Assets is also linked to Revenue through Asset Turnover. Fitters Diversified Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Fitters Diversified Bhd Total Assets Historical Data

The historical data trend for Fitters Diversified 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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Fitters Diversified Bhd Total Assets Chart

Fitters Diversified Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Mar23

Total Assets

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557.07

598.37

548.30

507.44

504.38

Fitters Diversified Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															449.77	504.38	505.10	504.74	490.85

Fitters Diversified 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.

Fitters Diversified Bhd's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	298.44	+	205.94
	=	504.4

Fitters Diversified Bhd'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 )
	=	405.474	+	85.374
	=	490.8

Fitters Diversified Bhd (XKLS:9318) Total Assets Explanation

Total Assets is connected with ROA %.

Fitters Diversified Bhd'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 )
	=	-15.916	/	( (504.735	+	490.848)	/ 2 )
	=	-15.916	/	497.7915
	=	-3.20 %

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.

Fitters Diversified Bhd'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 )
=	74.076	/	( (504.735	+	490.848)	/ 2 )
=	74.076	/	497.7915
=	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.

Fitters Diversified Bhd Total Assets Related Terms

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Fitters Diversified Bhd (XKLS:9318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fitters Diversified Bhd (XKLS:9318) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200

Website

http://www.fittersgroup.com

Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill; HYPRO PVC-O pipes manufacturing and distribution and Investment holding. Its geographical segments include Malaysia and Singapore, of which a majority of the revenue is generated within Malaysia.

Fitters Diversified Bhd (XKLS:9318) Headlines

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