TGI Infrastructures (XTAE:TGI) Total Assets : ₪281.6 Mil (As of Dec. 2023)

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What is TGI Infrastructures Total Assets?

TGI Infrastructures's Total Assets for the quarter that ended in Dec. 2023 was ₪281.6 Mil.

Warning Sign:

If a company builds assets at 29.1% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TGI Infrastructures's average Total Assets Growth Rate was -6.10% per year. During the past 3 years, the average Total Assets Growth Rate was 66.50% per year. During the past 5 years, the average Total Assets Growth Rate was 29.10% per year. During the past 10 years, the average Total Assets Growth Rate was -5.50% per year.

During the past 13 years, TGI Infrastructures's highest 3-Year average Total Assets Growth Rate was 66.50%. The lowest was -26.50%. And the median was -15.70%.

Total Assets is connected with ROA %. TGI Infrastructures's annualized ROA % for the quarter that ended in Dec. 2023 was 8.05%. Total Assets is also linked to Revenue through Asset Turnover. TGI Infrastructures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

TGI Infrastructures Total Assets Historical Data

The historical data trend for TGI Infrastructures'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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TGI Infrastructures Total Assets Chart

TGI Infrastructures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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83.36

59.64

61.11

317.08

281.58

TGI Infrastructures Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															61.11	221.07	317.08	286.84	281.58

TGI Infrastructures 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.

TGI Infrastructures's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	122.717	+	158.862
	=	281.6

TGI Infrastructures'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 )
	=	122.717	+	158.862
	=	281.6

TGI Infrastructures (XTAE:TGI) Total Assets Explanation

Total Assets is connected with ROA %.

TGI Infrastructures's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	22.888	/	( (286.836	+	281.579)	/ 2 )
	=	22.888	/	284.2075
	=	8.05 %

Note: The Net Income data used here is two times the semi-annual (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.

TGI Infrastructures's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	87.665	/	( (286.836	+	281.579)	/ 2 )
=	87.665	/	284.2075
=	0.31

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.

TGI Infrastructures Total Assets Related Terms

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TGI Infrastructures (XTAE:TGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TGI Infrastructures Ltd (XTAE:TGI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alon Tavor Industrial Area, POB 2001, Afula, ISR, 1812001

Website

http://www.tadirgan.co.il

TGI Infrastructures Ltd, formerly Tadir-Gan (Precision Products) 1993 Ltd manufactures machined and assembled aluminum high-pressure die cast products. Its product categories include Aluminium and Magnesium products. The company's products include powertrain, transmission, steering, structural products, oil pans, valve covers, transmission parts, and other products.