Well Graded Engineering PCL (BKK:WGE) Total Assets : ฿1,590 Mil (As of Mar. 2024)

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What is Well Graded Engineering PCL Total Assets?

Well Graded Engineering PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,590 Mil.

During the past 3 years, the average Total Assets Growth Rate was 36.90% per year.

During the past 5 years, Well Graded Engineering PCL's highest 3-Year average Total Assets Growth Rate was 39.50%. The lowest was 36.90%. And the median was 38.20%.

Total Assets is connected with ROA %. Well Graded Engineering PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 6.27%. Total Assets is also linked to Revenue through Asset Turnover. Well Graded Engineering PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Well Graded Engineering PCL Total Assets Historical Data

The historical data trend for Well Graded Engineering 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.

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Well Graded Engineering PCL Total Assets Chart

Well Graded Engineering PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

681.42

1,022.66

1,593.23

1,512.55

1,574.02

Well Graded Engineering PCL Quarterly Data
	Jun19	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														1,647.39	1,719.23	1,756.36	1,574.02	1,590.03

Well Graded Engineering 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.

Well Graded Engineering PCL'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 )
	=	297.574	+	1276.442
	=	1,574

Well Graded Engineering PCL'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 )
	=	322.386	+	1267.648
	=	1,590

Well Graded Engineering PCL (BKK:WGE) Total Assets Explanation

Total Assets is connected with ROA %.

Well Graded Engineering PCL'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 )
	=	99.244	/	( (1574.017	+	1590.033)	/ 2 )
	=	99.244	/	1582.025
	=	6.27 %

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.

Well Graded Engineering PCL'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 )
=	492.041	/	( (1574.017	+	1590.033)	/ 2 )
=	492.041	/	1582.025
=	0.31

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.

Well Graded Engineering PCL Total Assets Related Terms

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Well Graded Engineering PCL (BKK:WGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Well Graded Engineering PCL (BKK:WGE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120

Website

https://www.well-graded.com

Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

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