GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fire & Gas Detection Technologies Ltd (XTAE:FGAS) » Definitions » Total Assets

Fire & Gas Detection Technologies (XTAE:FGAS) Total Assets : ₪67.62 Mil (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Fire & Gas Detection Technologies Total Assets?

Fire & Gas Detection Technologies's Total Assets for the quarter that ended in Dec. 2024 was ₪67.62 Mil.

During the past 12 months, Fire & Gas Detection Technologies's average Total Assets Growth Rate was 44.30% per year. During the past 3 years, the average Total Assets Growth Rate was 26.60% per year. During the past 5 years, the average Total Assets Growth Rate was 29.90% per year.

During the past 7 years, Fire & Gas Detection Technologies's highest 3-Year average Total Assets Growth Rate was 87.30%. The lowest was 25.00%. And the median was 30.00%.

Total Assets is connected with ROA %. Fire & Gas Detection Technologies's annualized ROA % for the quarter that ended in Dec. 2024 was -36.05%. Total Assets is also linked to Revenue through Asset Turnover. Fire & Gas Detection Technologies's Asset Turnover for the quarter that ended in Dec. 2024 was 0.30.


Fire & Gas Detection Technologies Total Assets Historical Data

The historical data trend for Fire & Gas Detection Technologies'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.

Fire & Gas Detection Technologies Total Assets Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 36.02 44.67 36.87 61.34 67.62

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.87 38.53 61.34 61.46 67.62

Fire & Gas Detection Technologies 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.

Fire & Gas Detection Technologies's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=17.955+49.66
=67.62

Fire & Gas Detection Technologies's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=17.955+49.66
=67.62

* 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.


Fire & Gas Detection Technologies  (XTAE:FGAS) Total Assets Explanation

Total Assets is connected with ROA %.

Fire & Gas Detection Technologies's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-23.268/( (61.464+67.615)/ 2 )
=-23.268/64.5395
=-36.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) 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.

Fire & Gas Detection Technologies's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=19.61/( (61.464+67.615)/ 2 )
=19.61/64.5395
=0.30

* 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.

Fire & Gas Detection Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of Fire & Gas Detection Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Fire & Gas Detection Technologies Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

Fire & Gas Detection Technologies Headlines

No Headlines