Goldfine Manufacturers (BKK:GFM-R) Total Assets: ฿1,510.45 Mil (As of Sep. 2014)


What is Goldfine Manufacturers Total Assets?

Goldfine Manufacturers BKK:GFM-R Total Assets is ฿1,510.45 Mil as of Sep. 2014. The stock has 3 warning signs investors should review.

Goldfine Manufacturers's Total Assets for the quarter that ended in Sep. 2014 was ฿1,510.45 Mil.

During the past 12 months, Goldfine Manufacturers's average Total Assets Growth Rate was 4.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 9 years, Goldfine Manufacturers's highest 3-Year average Total Assets Growth Rate was 10.60%. The lowest was -0.60%. And the median was 3.75%.

Total Assets is connected with ROA %. Goldfine Manufacturers's annualized ROA % for the quarter that ended in Sep. 2014 was 5.23%. Total Assets is also linked to Revenue through Asset Turnover. Goldfine Manufacturers's Asset Turnover for the quarter that ended in Sep. 2014 was 0.20.

Goldfine Manufacturers  (BKK:GFM-R) Total Assets Explanation

Total Assets is connected with ROA %.

Goldfine Manufacturers's annualized ROA % for the quarter that ended in Sep. 2014 is

ROA %=Net Income (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ count )
=78.588/( (1495.437+1510.445)/ 2 )
=78.588/1502.941
=5.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) 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.

Goldfine Manufacturers's Asset Turnover for the quarter that ended in Sep. 2014 is

Asset Turnover
=Revenue (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ count )
=296.615/( (1495.437+1510.445)/ 2 )
=296.615/1502.941
=0.20

* 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.

Goldfine Manufacturers Total Assets Related Terms

Goldfine Manufacturers Total Assets Historical Data

* Premium members only.

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Total Assets Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets
Get a 7-Day Free Trial Premium Member Only 1,201.60 1,291.21 1,450.42 1,411.37 1,441.53

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,400.66 1,441.53 1,520.42 1,495.44 1,510.45

Goldfine Manufacturers 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.

Goldfine Manufacturers's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=1350.352+91.176
=1,441.53

Goldfine Manufacturers's Total Assets for the quarter that ended in Sep. 2014 is calculated as

Total Assets=Total Equity (Q: Sep. 2014 )+Total Liabilities (Q: Sep. 2014 )
=1394.243+116.202
=1,510.45

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ฿1,510.45 Mil mean?
Goldfine Manufacturers (BKK:GFM-R) has a Total Assets of ฿1,510.45 Mil as of Sep. 2014. The total amount of assets as recorded on a company's balance sheet. View historical data on Goldfine Manufacturers and its competitors.
Is Goldfine Manufacturers' Total Assets too high?
Goldfine Manufacturers' current Total Assets is ฿1,510.45 Mil.
How does Goldfine Manufacturers' Total Assets compare to competitors?
Goldfine Manufacturers' Total Assets of ฿1,510.45 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Retail - Cyclical company?
A good Total Assets depends on the Retail - Cyclical industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Goldfine Manufacturers and its competitors. Goldfine Manufacturers's current Total Assets is ฿1,510.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Total Assets of ฿1,510.45 Mil. The current Total Assets is ฿1,510.45 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Goldfine Manufacturers (BKK:GFM-R), the current Total Assets is ฿1,510.45 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Goldfine Manufacturers Business Description

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.