Neto Malinda Trading (XTAE:NTML) Total Assets : ₪1,917 Mil (As of Dec. 2023)

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What is Neto Malinda Trading Total Assets?

Neto Malinda Trading's Total Assets for the quarter that ended in Dec. 2023 was ₪1,917 Mil.

During the past 12 months, Neto Malinda Trading's average Total Assets Growth Rate was 0.20% per year. During the past 3 years, the average Total Assets Growth Rate was 17.50% per year. During the past 5 years, the average Total Assets Growth Rate was 12.70% per year.

During the past 10 years, Neto Malinda Trading's highest 3-Year average Total Assets Growth Rate was 17.50%. The lowest was 2.40%. And the median was 4.75%.

Total Assets is connected with ROA %. Neto Malinda Trading's annualized ROA % for the quarter that ended in Dec. 2023 was 4.06%. Total Assets is also linked to Revenue through Asset Turnover. Neto Malinda Trading's Asset Turnover for the quarter that ended in Dec. 2023 was 0.49.

Neto Malinda Trading Total Assets Historical Data

The historical data trend for Neto Malinda Trading'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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Neto Malinda Trading Total Assets Chart

Neto Malinda Trading Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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1,156.71

1,195.14

1,363.12

1,701.53

1,915.53

Neto Malinda Trading Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1,915.53	2,010.41	1,984.73	2,179.21	1,917.46

Neto Malinda Trading 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.

Neto Malinda Trading's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	1197.244	+	718.288
	=	1,916

Neto Malinda Trading'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 )
	=	1286.815	+	630.646
	=	1,917

Neto Malinda Trading (XTAE:NTML) Total Assets Explanation

Total Assets is connected with ROA %.

Neto Malinda Trading'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 )
	=	83.26	/	( (2179.21	+	1917.461)	/ 2 )
	=	83.26	/	2048.3355
	=	4.06 %

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.

Neto Malinda Trading'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 )
=	1009.474	/	( (2179.21	+	1917.461)	/ 2 )
=	1009.474	/	2048.3355
=	0.49

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.

Neto Malinda Trading Total Assets Related Terms

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Neto Malinda Trading (XTAE:NTML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Neto Malinda Trading Ltd (XTAE:NTML) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864

Website

http://www.neto.org.il

Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

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