Summit Power (DHA:SUMITPOWER) Total Assets : BDT110,123 Mil (As of Jun. 2023)

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What is Summit Power Total Assets?

Summit Power's Total Assets for the quarter that ended in Jun. 2023 was BDT110,123 Mil.

During the past 12 months, Summit Power's average Total Assets Growth Rate was 4.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.90% per year. During the past 5 years, the average Total Assets Growth Rate was 12.20% per year. During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.

During the past 13 years, Summit Power's highest 3-Year average Total Assets Growth Rate was 25.60%. The lowest was 5.50%. And the median was 17.85%.

Total Assets is connected with ROA %. Summit Power's annualized ROA % for the quarter that ended in Jun. 2023 was 0.08%. Total Assets is also linked to Revenue through Asset Turnover. Summit Power's Asset Turnover for the quarter that ended in Jun. 2023 was 0.07.

Summit Power Total Assets Historical Data

The historical data trend for Summit Power'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.

Summit Power Total Assets Chart

Summit Power Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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70,136.40

69,338.36

79,035.86

103,387.80

110,122.92

Summit Power Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															103,387.80	114,368.50	117,165.90	111,265.70	110,122.92

Summit Power 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.

Summit Power's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	53431.851	+	56691.065
	=	110,123

Summit Power's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	53431.851	+	56691.065
	=	110,123

Summit Power (DHA:SUMITPOWER) Total Assets Explanation

Total Assets is connected with ROA %.

Summit Power's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	92.516	/	( (111265.703	+	110122.916)	/ 2 )
	=	92.516	/	110694.3095
	=	0.08 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Summit Power's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	8252.028	/	( (111265.703	+	110122.916)	/ 2 )
=	8252.028	/	110694.3095
=	0.07

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.

Summit Power Total Assets Related Terms

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Summit Power (DHA:SUMITPOWER) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Summit Power Ltd (DHA:SUMITPOWER) » Definitions » Total Assets

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Address

Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215

Website

https://www.summitpower.org

Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.

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