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Forge Group (ASX:FGE) Total Assets : A$464 Mil (As of Jun. 2013)


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What is Forge Group Total Assets?

Forge Group's Total Assets for the quarter that ended in Jun. 2013 was A$464 Mil.

Total Assets is connected with ROA %. Forge Group's annualized ROA % for the quarter that ended in Jun. 2013 was 13.35%. Total Assets is also linked to Revenue through Asset Turnover. Forge Group's Asset Turnover for the quarter that ended in Jun. 2013 was 2.24.

Forge Group Total Assets Historical Data

The historical data trend for Forge 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.

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Forge Group Total Assets Chart

Forge Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Assets
Get a 7-Day Free Trial 86.63 162.09 213.28 478.40 464.21

Forge Group Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Assets Get a 7-Day Free Trial 86.63 162.09 213.28 478.40 464.21

Forge 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.

Forge Group's Total Assets for the fiscal year that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (A: Jun. 2013 )+Total Liabilities (A: Jun. 2013 )
=213.426+250.784
=464

Forge Group's Total Assets for the quarter that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (Q: Jun. 2013 )+Total Liabilities (Q: Jun. 2013 )
=213.426+250.784
=464

* 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.

Forge Group  (ASX:FGE) Total Assets Explanation

Total Assets is connected with ROA %.

Forge Group's annualized ROA % for the quarter that ended in Jun. 2013 is

ROA %=Net Income (Q: Jun. 2013 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=62.919/( (478.401+464.21)/ 2 )
=62.919/471.3055
=13.35 %

Note: The Net Income data used here is one times the annual (Jun. 2013) 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.

Forge Group's Asset Turnover for the quarter that ended in Jun. 2013 is

Asset Turnover
=Revenue (Q: Jun. 2013 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=1054.1/( (478.401+464.21)/ 2 )
=1054.1/471.3055
=2.24

* 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.

Forge Group Total Assets Related Terms

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Forge Group (ASX:FGE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forge Group Ltd (ASX:FGE) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Website
http://www.forgegroup.com.au
Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

Forge Group (ASX:FGE) Headlines

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