Globetronics Technology Bhd (Globetronics Technology Bhd) Total Assets : $69.11 Mil (As of Mar. 2024)

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What is Globetronics Technology Bhd Total Assets?

Globetronics Technology Bhd's Total Assets for the quarter that ended in Mar. 2024 was $69.11 Mil.

During the past 12 months, Globetronics Technology Bhd's average Total Assets Growth Rate was 9.00% per year. During the past 3 years, the average Total Assets Growth Rate was -9.50% per year. During the past 5 years, the average Total Assets Growth Rate was -13.30% per year. During the past 10 years, the average Total Assets Growth Rate was -4.30% per year.

During the past 13 years, Globetronics Technology Bhd's highest 3-Year average Total Assets Growth Rate was 12.40%. The lowest was -18.20%. And the median was -3.30%.

Total Assets is connected with ROA %. Globetronics Technology Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 6.88%. Total Assets is also linked to Revenue through Asset Turnover. Globetronics Technology Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Globetronics Technology Bhd Total Assets Historical Data

The historical data trend for Globetronics Technology Bhd'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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Globetronics Technology Bhd Total Assets Chart

Globetronics Technology Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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81.46

82.30

79.53

74.11

72.14

Globetronics Technology Bhd Quarterly Data
	Jun19	Sep19	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															70.16	69.79	70.77	72.14	69.11

Globetronics Technology Bhd 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.

Globetronics Technology Bhd'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 )
	=	66.151	+	5.992
	=	72.14

Globetronics Technology Bhd'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 )
	=	64.386	+	4.722
	=	69.11

Globetronics Technology Bhd (OTCPK:GBTKF) Total Assets Explanation

Total Assets is connected with ROA %.

Globetronics Technology Bhd'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 )
	=	4.856	/	( (72.143	+	69.108)	/ 2 )
	=	4.856	/	70.6255
	=	6.88 %

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.

Globetronics Technology Bhd'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 )
=	6.342	/	( (72.143	+	69.108)	/ 2 )
=	6.342	/	70.6255
=	0.09

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.

Globetronics Technology Bhd Total Assets Related Terms

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Globetronics Technology Bhd (Globetronics Technology Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Globetronics Technology Bhd (OTCPK:GBTKF) » Definitions » Total Assets

Comparable Companies

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7022:Malaysia

Address

Plot 2, Phase 4, Free Industrial Zone, Bayan Lepas, PNG, MYS, 11900

Website

http://www.globetronics.com.my

Globetronics Technology Bhd develops and manufactures integrated circuits, light-emitting diode components, encoders and sensors, quartz crystal products, timing devices, and related products. Sensors are the leading revenue contributor for the company. Globetronics builds its sensors and encoders for a variety of automation and industrial applications. Sales volume is also significantly dependent on revenue generated from quartz crystal and timing devices. These devices are used in a multitude of electronic products, such as mobile devices, GPS, and PCs. Sales are primarily in Malaysia, Singapore and United States markets.

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