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Mongolia Growth Group Total Assets

: $31.87 Mil (As of Jun. 2021)
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Mongolia Growth Group's Total Assets for the quarter that ended in Jun. 2021 was $31.87 Mil.

During the past 12 months, Mongolia Growth Group's average Total Assets Growth Rate was -10.70% per year. During the past 3 years, the average Total Assets Growth Rate was -13.80% per year. During the past 5 years, the average Total Assets Growth Rate was -17.50% per year. During the past 10 years, the average Total Assets Growth Rate was 30.60% per year.

During the past 13 years, Mongolia Growth Group's highest 3-Year average Total Assets Growth Rate was 1659.60%. The lowest was -21.90%. And the median was -1.70%.

Total Assets is connected with ROA %. Mongolia Growth Group's annualized ROA % for the quarter that ended in Jun. 2021 was 41.88%. Total Assets is also linked to Revenue through Asset Turnover. Mongolia Growth Group's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.


Mongolia Growth Group Total Assets Historical Data

The historical data trend for Mongolia Growth 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.

Mongolia Growth Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.87 23.03 23.09 19.80 21.84

Mongolia Growth Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.29 18.14 21.84 26.86 31.87

Mongolia Growth 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.

Mongolia Growth Group's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=20.95870091342+0.87750800218596
=21.84

Mongolia Growth Group's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (Q: Jun. 2021 )+Total Liabilities (Q: Jun. 2021 )
=28.817512274959+3.0572831423895
=31.87

* 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.


Mongolia Growth Group  (OTCPK:MNGGF) Total Assets Explanation

Total Assets is connected with ROA %.

Mongolia Growth Group's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=12.297872340426/( (26.85734744212+31.874795417349)/ 2 )
=12.297872340426/29.366071429734
=41.88 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) 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.

Mongolia Growth Group's Asset Turnover for the quarter that ended in Jun. 2021 is

Asset Turnover
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=0.14648117839607/( (26.85734744212+31.874795417349)/ 2 )
=0.14648117839607/29.366071429734
=0.00

* 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.

Mongolia Growth Group Total Assets Related Terms

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Mongolia Growth Group Business Description

Mongolia Growth Group logo
Industry
Real Estate » Real Estate NAICS : 531390 SIC : 7599
Traded in Other Exchanges
Address
100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Mongolia Growth Group Ltd is a real estate investment and development company. It owns commercial investment property assets in Ulaanbaatar, Mongolia. The company operates through two segments: Investment Property Operations and Corporate. The Investment Property operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation or redevelopment.
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