i-CABLE Communications (i-CABLE Communications) Total Assets : $121.02 Mil (As of Dec. 2023)

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What is i-CABLE Communications Total Assets?

i-CABLE Communications's Total Assets for the quarter that ended in Dec. 2023 was $121.02 Mil.

During the past 12 months, i-CABLE Communications's average Total Assets Growth Rate was 10.50% per year. During the past 3 years, the average Total Assets Growth Rate was -15.30% per year. During the past 5 years, the average Total Assets Growth Rate was -12.80% per year. During the past 10 years, the average Total Assets Growth Rate was -5.50% per year.

During the past 13 years, i-CABLE Communications's highest 3-Year average Total Assets Growth Rate was 9.30%. The lowest was -20.40%. And the median was -4.00%.

Total Assets is connected with ROA %. i-CABLE Communications's annualized ROA % for the quarter that ended in Dec. 2023 was -85.28%. Total Assets is also linked to Revenue through Asset Turnover. i-CABLE Communications's Asset Turnover for the quarter that ended in Dec. 2023 was 0.36.

i-CABLE Communications Total Assets Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Total Assets Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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240.73

207.47

190.49

112.97

121.02

i-CABLE Communications 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															190.49	175.80	112.97	114.59	121.02

i-CABLE Communications 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.

i-CABLE Communications'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 )
	=	-170.147	+	291.17
	=	121.02

i-CABLE Communications'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 )
	=	-170.147	+	291.17
	=	121.02

i-CABLE Communications (OTCPK:ICABF) Total Assets Explanation

Total Assets is connected with ROA %.

i-CABLE Communications'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 )
	=	-100.46	/	( (114.586	+	121.022)	/ 2 )
	=	-100.46	/	117.804
	=	-85.28 %

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.

i-CABLE Communications'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 )
=	42.831	/	( (114.586	+	121.022)	/ 2 )
=	42.831	/	117.804
=	0.36

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.

i-CABLE Communications Total Assets Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (OTCPK:ICABF) » Definitions » Total Assets

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Traded in Other Exchanges

ICABY:USA 01097:Hong Kong IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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