Megawide Construction's Total Assets for the quarter that ended in Mar. 2024 was ₱68,346 Mil.
During the past 12 months, Megawide Construction's average Total Assets Growth Rate was 23.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -6.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.90% per year.
During the past 13 years, Megawide Construction's highest 3-Year average Total Assets Growth Rate was 90.70%. The lowest was -11.90%. And the median was 19.85%.
Megawide Construction Total Assets Historical Data
The historical data trend for Megawide Construction'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.
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.
Megawide Construction's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Megawide Construction (PHS:MWIDE) Total Assets Explanation
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.
Megawide Construction's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
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.
Megawide Construction Total Assets Related Terms
Thank you for viewing the detailed overview of Megawide Construction's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Megawide Construction (PHS:MWIDE) Business Description
Megawide Construction Corp is a construction group with operations in the Philippines. The company's operating segments include Construction Operations and Landport Operations. Services offered include constructing, enlarging, repairing, or engaging in any work upon buildings, houses and condominiums, roads, plants, bridges, piers, waterworks, railroads, and other structures.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PHS:MWIDE has been successfully added to your 