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Advice IT Infinite PCL (BKK:ADVICE) Total Assets : ฿2,664 Mil (As of Sep. 2023)


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What is Advice IT Infinite PCL Total Assets?

Advice IT Infinite PCL's Total Assets for the quarter that ended in Sep. 2023 was ฿2,664 Mil.

During the past 12 months, Advice IT Infinite PCL's average Total Assets Growth Rate was 1.60% per year.

Total Assets is connected with ROA %. Advice IT Infinite PCL's annualized ROA % for the quarter that ended in Sep. 2023 was 7.81%. Total Assets is also linked to Revenue through Asset Turnover. Advice IT Infinite PCL's Asset Turnover for the quarter that ended in Sep. 2023 was 1.37.

Advice IT Infinite PCL Total Assets Historical Data

The historical data trend for Advice IT Infinite 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.

* Premium members only.

Advice IT Infinite PCL Total Assets Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
2,146.22 2,553.99 2,586.25

Advice IT Infinite PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Total Assets 2,553.99 - 2,586.25 2,663.74

Advice IT Infinite 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.

Advice IT Infinite PCL's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=310.777+2275.47
=2,586

Advice IT Infinite PCL's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=312.314+2351.423
=2,664

* 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.

Advice IT Infinite PCL  (BKK:ADVICE) Total Assets Explanation

Total Assets is connected with ROA %.

Advice IT Infinite PCL's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=204.984/( (2586.247+2663.736)/ 2 )
=204.984/2624.9915
=7.81 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Advice IT Infinite PCL's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=3586.388/( (2586.247+2663.736)/ 2 )
=3586.388/2624.9915
=1.37

* 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.

Advice IT Infinite PCL Total Assets Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Total Assets
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Address
74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA
Website
https://www.advice.co.th
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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