Kingston Financial Group (Kingston Financial Group) Total Assets : $3,682.8 Mil (As of Sep. 2022)

View and export this data going back to 2016. Start your Free Trial

What is Kingston Financial Group Total Assets?

Kingston Financial Group's Total Assets for the quarter that ended in Sep. 2022 was $3,682.8 Mil.

Total Assets is connected with ROA %. Kingston Financial Group's annualized ROA % for the quarter that ended in Sep. 2022 was 0.01%. Total Assets is also linked to Revenue through Asset Turnover. Kingston Financial Group's Asset Turnover for the quarter that ended in Sep. 2022 was 0.03.

Kingston Financial Group Total Assets Historical Data

The historical data trend for Kingston Financial Group'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.

Kingston Financial Group Total Assets Chart

Kingston Financial Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Assets

Get a 7-Day Free Trial

4,794.47

4,496.37

4,108.88

3,892.52

3,504.47

Kingston Financial Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Total Assets	Get a 7-Day Free Trial															4,271.13	3,892.52	3,703.88	3,504.47	3,682.76

Kingston Financial Group 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.

Kingston Financial Group's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (A: Mar. 2022 )	+	Total Liabilities (A: Mar. 2022 )
	=	2639.514	+	864.961
	=	3,504.5

Kingston Financial Group's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	2633.889	+	1048.872
	=	3,682.8

Kingston Financial Group (GREY:KNGTF) Total Assets Explanation

Total Assets is connected with ROA %.

Kingston Financial Group's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	0.464	/	( (3504.474	+	3682.76)	/ 2 )
	=	0.464	/	3593.617
	=	0.01 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) 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.

Kingston Financial Group's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	119.784	/	( (3504.474	+	3682.76)	/ 2 )
=	119.784	/	3593.617
=	0.03

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.

Kingston Financial Group Total Assets Related Terms

Thank you for viewing the detailed overview of Kingston Financial Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kingston Financial Group (Kingston Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kingston Financial Group Ltd (GREY:KNGTF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG

Website

https://www.kingston.com.hk

Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

Kingston Financial Group (Kingston Financial Group) Headlines

No Headlines