Seed Co (XZIM:SEED.ZW) Total Assets : ZWL735,050 Mil (As of Sep. 2023)

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What is Seed Co Total Assets?

Seed Co's Total Assets for the quarter that ended in Sep. 2023 was ZWL735,050 Mil.

Warning Sign:

If a company builds assets at 62.8% a year, faster than its revenue growth rate of 42.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Seed Co's average Total Assets Growth Rate was 1078.30% per year. During the past 3 years, the average Total Assets Growth Rate was 277.20% per year. During the past 5 years, the average Total Assets Growth Rate was 62.80% per year. During the past 10 years, the average Total Assets Growth Rate was 104.30% per year.

During the past 8 years, Seed Co's highest 3-Year average Total Assets Growth Rate was 277.20%. The lowest was -61.80%. And the median was -11.00%.

Total Assets is connected with ROA %. Seed Co's annualized ROA % for the quarter that ended in Sep. 2023 was 40.26%. Total Assets is also linked to Revenue through Asset Turnover. Seed Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.14.

Seed Co Total Assets Historical Data

The historical data trend for Seed Co'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.

* Premium members only.

Seed Co Total Assets Chart

Seed Co Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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1,865.33

2,411.33

23,045.84

56,117.40

132,326.74

Seed Co Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial										15,519.65	56,117.40	62,979.19	132,326.74	735,050.00

Seed Co 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.

Seed Co'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 )
	=	79761.289	+	52565.455
	=	132,327

Seed Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	396380	+	338670
	=	735,050

Seed Co (XZIM:SEED.ZW) Total Assets Explanation

Total Assets is connected with ROA %.

Seed Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	174600	/	( (132326.744	+	735050)	/ 2 )
	=	174600	/	433688.372
	=	40.26 %

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

Seed Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	59710	/	( (132326.744	+	735050)	/ 2 )
=	59710	/	433688.372
=	0.14

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.

Seed Co Total Assets Related Terms

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Seed Co (XZIM:SEED.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE

Website

https://www.seedcogroup.com

Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

Seed Co (XZIM:SEED.ZW) Headlines

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