Fareast Finance & Investment (DHA:FAREASTFIN) Total Assets : BDT11,276.67 Mil (As of Sep. 2020)

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What is Fareast Finance & Investment Total Assets?

Fareast Finance & Investment's Total Assets for the quarter that ended in Sep. 2020 was BDT11,276.67 Mil.

Total Assets is connected with ROA %. Fareast Finance & Investment's annualized ROA % for the quarter that ended in Sep. 2020 was -3.46%. Total Assets is also linked to Revenue through Asset Turnover. Fareast Finance & Investment's Asset Turnover for the quarter that ended in Sep. 2020 was -0.01.

Fareast Finance & Investment Total Assets Historical Data

The historical data trend for Fareast Finance & Investment'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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Fareast Finance & Investment Total Assets Chart

Fareast Finance & Investment Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Assets

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13,496.85

14,017.90

13,629.57

11,841.55

10,883.98

Fareast Finance & Investment Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Assets	Get a 7-Day Free Trial															11,088.68	10,883.98	10,920.09	11,139.35	11,276.67

Fareast Finance & Investment 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.

Fareast Finance & Investment's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (A: Dec. 2019 )	+	Total Liabilities (A: Dec. 2019 )
	=	466.858	+	10417.123
	=	10,883.98

Fareast Finance & Investment's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2020 )	+	Total Liabilities (Q: Sep. 2020 )
	=	188.227	+	11088.447
	=	11,276.67

Fareast Finance & Investment (DHA:FAREASTFIN) Total Assets Explanation

Total Assets is connected with ROA %.

Fareast Finance & Investment's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %	=	Net Income (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
	=	-387.24	/	( (11139.354	+	11276.674)	/ 2 )
	=	-387.24	/	11208.014
	=	-3.46 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) 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.

Fareast Finance & Investment's Asset Turnover for the quarter that ended in Sep. 2020 is

	Asset Turnover
=	Revenue (Q: Sep. 2020 )	/	( (Total Assets (Q: Jun. 2020 )	+	Total Assets (Q: Sep. 2020 ))	/ count )
=	-130.207	/	( (11139.354	+	11276.674)	/ 2 )
=	-130.207	/	11208.014
=	-0.01

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.

Fareast Finance & Investment Total Assets Related Terms

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Fareast Finance & Investment (DHA:FAREASTFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fareast Finance & Investment Ltd (DHA:FAREASTFIN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

52-53, Dilkusha Commercial Area, Eunoos Centre, 8th level, Dhaka, BGD, 1000

Website

https://www.ffilbd.com

Fareast Finance & Investment Ltd provides lease and term finances. It also provides short-term finance, factoring and bond discount and among others. The company's services include Lease Finance, Term Finance, Short Term Finance and Factoring. It include services to clients for all types of machinery, equipment, household durables including vehicle for the purpose of industrial, commercial and personal.

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