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Top Frontier Investment Holdings (PHS:TFHI) Total Assets : ₱2,610,401 Mil (As of Dec. 2023)


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What is Top Frontier Investment Holdings Total Assets?

Top Frontier Investment Holdings's Total Assets for the quarter that ended in Dec. 2023 was ₱2,610,401 Mil.

Warning Sign:

If a company builds assets at 9.2% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Top Frontier Investment Holdings's average Total Assets Growth Rate was 5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 11.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.20% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 11 years, Top Frontier Investment Holdings's highest 3-Year average Total Assets Growth Rate was 11.90%. The lowest was 3.50%. And the median was 9.15%.

Total Assets is connected with ROA %. Top Frontier Investment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -0.11%. Total Assets is also linked to Revenue through Asset Turnover. Top Frontier Investment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.


Top Frontier Investment Holdings Total Assets Historical Data

The historical data trend for Top Frontier Investment Holdings'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.

* Premium members only.

Top Frontier Investment Holdings Total Assets Chart

Top Frontier Investment Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,931,177.00 2,025,544.00 2,163,430.00 2,543,623.00 2,610,401.00

Top Frontier Investment Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,543,623.00 2,470,515.00 2,518,886.00 2,587,852.00 2,610,401.00

Top Frontier Investment Holdings 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.

Top Frontier Investment Holdings'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 )
=754190+1856211
=2,610,401

Top Frontier Investment Holdings'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 )
=754190+1856211
=2,610,401

* 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.


Top Frontier Investment Holdings  (PHS:TFHI) Total Assets Explanation

Total Assets is connected with ROA %.

Top Frontier Investment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-2744/( (2587852+2610401)/ 2 )
=-2744/2599126.5
=-0.11 %

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

Top Frontier Investment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=385602/( (2587852+2610401)/ 2 )
=385602/2599126.5
=0.15

* 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.

Top Frontier Investment Holdings Total Assets Related Terms

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Top Frontier Investment Holdings (PHS:TFHI) Business Description

Traded in Other Exchanges
N/A
Address
No. 399 Sen. Gil. Puyat Avenue, 5th Floor, ENZO Building, Makati, PHL, 1200
Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The operating business segments are food and beverage, packaging, energy, fuel and oil, infrastructure and Cement, Real Estate, Mining and Others. The company derives maximum revenue from fuel and oil segment. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

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