BT Wealth Industries Public Company (BKK:BTW) Total Assets : ฿720.7 Mil (As of Mar. 2024)

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What is BT Wealth Industries Public Company Total Assets?

BT Wealth Industries Public Company's Total Assets for the quarter that ended in Mar. 2024 was ฿720.7 Mil.

During the past 12 months, BT Wealth Industries Public Company's average Total Assets Growth Rate was -57.30% per year. During the past 3 years, the average Total Assets Growth Rate was -23.50% per year. During the past 5 years, the average Total Assets Growth Rate was -11.40% per year.

During the past 10 years, BT Wealth Industries Public Company's highest 3-Year average Total Assets Growth Rate was 24.90%. The lowest was -23.50%. And the median was 1.40%.

Total Assets is connected with ROA %. BT Wealth Industries Public Company's annualized ROA % for the quarter that ended in Mar. 2024 was -12.56%. Total Assets is also linked to Revenue through Asset Turnover. BT Wealth Industries Public Company's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

BT Wealth Industries Public Company Total Assets Historical Data

The historical data trend for BT Wealth Industries Public Company'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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BT Wealth Industries Public Company Total Assets Chart

BT Wealth Industries Public Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,920.79

1,784.31

1,651.71

1,902.87

773.57

BT Wealth Industries Public Company Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,719.37	1,492.79	1,135.25	773.57	720.68

BT Wealth Industries Public Company 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.

BT Wealth Industries Public Company's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	277.158	+	496.413
	=	773.6

BT Wealth Industries Public Company's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	253.64	+	467.041
	=	720.7

BT Wealth Industries Public Company (BKK:BTW) Total Assets Explanation

Total Assets is connected with ROA %.

BT Wealth Industries Public Company's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-93.812	/	( (773.571	+	720.681)	/ 2 )
	=	-93.812	/	747.126
	=	-12.56 %

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

BT Wealth Industries Public Company's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	68.336	/	( (773.571	+	720.681)	/ 2 )
=	68.336	/	747.126
=	0.09

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.

BT Wealth Industries Public Company Total Assets Related Terms

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BT Wealth Industries Public Company (BKK:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BT Wealth Industries Public Company Ltd (BKK:BTW) » Definitions » Total Assets

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N/A

Address

Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39 (Thep Leela 1), Wangthonglang, Bangkok, THA, 10310

Website

http://www.btwealthindustries.com

BT Wealth Industries Public Company Ltd is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power, in both domestic and international sites. The steel fabrication products include Modularization and Parts Fabrication. The installation and construction business serve the Engineering Procurement and Construction contractors or project owners. It also engages in the production of renewable energy. In addition, it provides equipment and facility rental to fabricators and constructor.

BT Wealth Industries Public Company (BKK:BTW) Headlines

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