Oceansix Future Paths (FRA:5FC0) Total Assets : €5.42 Mil (As of Sep. 2024)

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What is Oceansix Future Paths Total Assets?

Oceansix Future Paths's Total Assets for the quarter that ended in Sep. 2024 was €5.42 Mil.

During the past 12 months, Oceansix Future Paths's average Total Assets Growth Rate was -15.30% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year.

During the past 5 years, Oceansix Future Paths's highest 3-Year average Total Assets Growth Rate was 29.00%. The lowest was 11.40%. And the median was 20.20%.

Total Assets is connected with ROA %. Oceansix Future Paths's annualized ROA % for the quarter that ended in Sep. 2024 was -17.47%. Total Assets is also linked to Revenue through Asset Turnover. Oceansix Future Paths's Asset Turnover for the quarter that ended in Sep. 2024 was 0.14.

Oceansix Future Paths Total Assets Historical Data

The historical data trend for Oceansix Future Paths'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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Oceansix Future Paths Total Assets Chart

Oceansix Future Paths Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

3.40

4.57

8.50

7.78

5.12

Oceansix Future Paths Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															6.76	5.12	4.87	6.03	5.42

Oceansix Future Paths 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.

Oceansix Future Paths'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 )
	=	0.086	+	5.032
	=	5.12

Oceansix Future Paths's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	-0.765	+	6.181
	=	5.42

Oceansix Future Paths (FRA:5FC0) Total Assets Explanation

Total Assets is connected with ROA %.

Oceansix Future Paths's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-1	/	( (6.031	+	5.416)	/ 2 )
	=	-1	/	5.7235
	=	-17.47 %

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

Oceansix Future Paths's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.776	/	( (6.031	+	5.416)	/ 2 )
=	0.776	/	5.7235
=	0.14

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.

Oceansix Future Paths Total Assets Related Terms

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Oceansix Future Paths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oceansix Future Paths Ltd (FRA:5FC0) » Definitions » Total Assets

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Traded in Other Exchanges

AKMYF:USA OSIX:Canada

Address

11 Derech Menahem Begin, Ramat Gan, ISR, 5268104

Website

https://www.oceansix.com

Oceansix Future Paths Ltd is an environmental technology company. It operates in one principal business segment; advanced solutions based on recycled plastic products. Geographically, it operates in Israel & Foreign countries, out of which the majority of the revenue is derived from foreign countries. The manufacturing arm transforms recycled plastics into diverse, smart products that serve multiple industries, including automotive, beverage, construction, and agriculture. The group offers customized, multifunctional solutions that comply with the latest environmental requirements as well as demanding client needs.

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