FG Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was $67.48 Mil.
During the past 12 months, FG Group Holdings's average Total Assets Growth Rate was -1.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.30% per year.
During the past 13 years, FG Group Holdings's highest 3-Year average Total Assets Growth Rate was 41.90%. The lowest was -21.70%. And the median was -1.30%.
The historical data trend for FG Group Holdings'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.
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.
FG Group Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
FG Group Holdings (AMEX:FGH) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
FG Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
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.
FG Group Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of FG Group Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
FG Group Holdings (FG Group Holdings) Business Description
FG Group Holdings Inc is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. It manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums, and other entertainment-related markets. It also distributes and supports third-party products, including digital projectors, servers, library management systems, menu boards, and sound systems. It generates majority revenue from Strong Entertainment business segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FGH has been successfully added to your 