First Resources (First Resources) Total Assets : $1,774.84 Mil (As of Dec. 2023)

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What is First Resources Total Assets?

First Resources's Total Assets for the quarter that ended in Dec. 2023 was $1,774.84 Mil.

During the past 12 months, First Resources's average Total Assets Growth Rate was 17.20% per year. During the past 3 years, the average Total Assets Growth Rate was 1.40% per year. During the past 5 years, the average Total Assets Growth Rate was -0.60% per year. During the past 10 years, the average Total Assets Growth Rate was 0.80% per year.

During the past 13 years, First Resources's highest 3-Year average Total Assets Growth Rate was 30.40%. The lowest was -5.50%. And the median was 4.10%.

Total Assets is connected with ROA %. First Resources's annualized ROA % for the quarter that ended in Dec. 2023 was 8.30%. Total Assets is also linked to Revenue through Asset Turnover. First Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

First Resources Total Assets Historical Data

The historical data trend for First Resources'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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First Resources Total Assets Chart

First Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,708.94

1,785.92

1,873.60

1,832.73

1,774.84

First Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															1,873.60	1,828.48	1,832.73	1,789.76	1,774.84

First Resources 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.

First Resources'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 )
	=	1401.783	+	373.061
	=	1,774.84

First Resources's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1401.783	+	373.061
	=	1,774.84

First Resources (OTCPK:FTROF) Total Assets Explanation

Total Assets is connected with ROA %.

First Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	147.856	/	( (1789.757	+	1774.844)	/ 2 )
	=	147.856	/	1782.3005
	=	8.30 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

First Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	531.792	/	( (1789.757	+	1774.844)	/ 2 )
=	531.792	/	1782.3005
=	0.30

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.

First Resources Total Assets Related Terms

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First Resources (First Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » First Resources Ltd (OTCPK:FTROF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FSRCY:USA EB5:Singapore 5F1:Germany

Address

7 Temasek Boulevard, No. 24-01, Suntec Tower One, Singapore, SGP, 038987

Website

https://www.first-resources.com

First Resources Ltd manages more than 200,000 hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations and Palm Oil Mills & Refineries and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.

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