Forth PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿11,122 Mil.
During the past 12 months, Forth PCL's average Total Assets Growth Rate was -3.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 13 years, Forth PCL's highest 3-Year average Total Assets Growth Rate was 35.40%. The lowest was -11.20%. And the median was 8.40%.
Total Assets is connected with ROA %. Forth PCL's annualizedROA % for the quarter that ended in Dec. 2023 was 0.78%. Total Assets is also linked to Revenue through Asset Turnover. Forth PCL's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.
Forth PCL Total Assets Historical Data
The historical data trend for Forth 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.
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.
Forth PCL's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
Forth PCL's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Forth PCL Total Assets Related Terms
Thank you for viewing the detailed overview of Forth PCL's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.
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