Muangthai Capital PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿153,163 Mil.
Warning Sign:
If a company builds assets at 25.6% a year, faster than its revenue growth rate of 15.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Muangthai Capital PCL's average Total Assets Growth Rate was 16.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 24.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 25.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 38.90% per year.
During the past 13 years, Muangthai Capital PCL's highest 3-Year average Total Assets Growth Rate was 67.90%. The lowest was 24.40%. And the median was 32.60%.
Muangthai Capital PCL Total Assets Historical Data
The historical data trend for Muangthai Capital 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.
Muangthai Capital 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.
Muangthai Capital PCL (BKK:MTC) Total Assets Explanation
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.
Muangthai Capital PCL's Asset Turnover for the quarter that ended in Mar. 2024 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.
Muangthai Capital PCL Total Assets Related Terms
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Muangthai Capital PCL (BKK:MTC) Business Description
Muangthai Capital PCL primarily provides loans to consumers in Thailand. The company makes both unsecured personal loans as well as secured loans for specific items. Muangthai's secured loans are generally for cars, motorcycles, agricultural equipment, or land that then serve as collateral. Roughly 85% of the company's total revenue is from interest and fees on the loans, and nearly all the company's revenue is attributable to loans. A very small portion of revenue comes from the company's insurance brokerage business. Muangthai operates exclusively in Thailand.
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