Gulf Energy Development PCL (BKK:GULF) Total Assets : ฿459,514 Mil (As of Dec. 2023)

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What is Gulf Energy Development PCL Total Assets?

Gulf Energy Development PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿459,514 Mil.

During the past 12 months, Gulf Energy Development PCL's average Total Assets Growth Rate was 11.50% per year. During the past 3 years, the average Total Assets Growth Rate was 22.20% per year. During the past 5 years, the average Total Assets Growth Rate was 35.40% per year.

During the past 10 years, Gulf Energy Development PCL's highest 3-Year average Total Assets Growth Rate was 107.80%. The lowest was 22.20%. And the median was 45.70%.

Total Assets is connected with ROA %. Gulf Energy Development PCL's annualized ROA % for the quarter that ended in Dec. 2023 was 4.07%. Total Assets is also linked to Revenue through Asset Turnover. Gulf Energy Development PCL's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Gulf Energy Development PCL Total Assets Historical Data

The historical data trend for Gulf Energy Development PCL'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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Gulf Energy Development PCL Total Assets Chart

Gulf Energy Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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134,277.54

245,580.51

362,673.85

418,171.97

459,514.17

Gulf Energy Development PCL 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															418,171.97	450,618.58	449,452.64	476,709.80	459,514.17

Gulf Energy Development PCL 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.

Gulf Energy Development PCL'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 )
	=	144104.458	+	315409.709
	=	459,514

Gulf Energy Development PCL'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 )
	=	144104.458	+	315409.709
	=	459,514

Gulf Energy Development PCL (BKK:GULF) Total Assets Explanation

Total Assets is connected with ROA %.

Gulf Energy Development PCL'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 )
	=	19050.068	/	( (476709.802	+	459514.167)	/ 2 )
	=	19050.068	/	468111.9845
	=	4.07 %

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.

Gulf Energy Development PCL'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 )
=	27665.27	/	( (476709.802	+	459514.167)	/ 2 )
=	27665.27	/	468111.9845
=	0.06

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.

Gulf Energy Development PCL Total Assets Related Terms

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Gulf Energy Development PCL (BKK:GULF) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gulf Energy Development PCL (BKK:GULF) » Definitions » Total Assets

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GULF-F:Thailand

Address

Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.gulf.co.th

Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.