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LY (SGX:1H8) Total Assets : S$81.80 Mil (As of Jun. 2024)


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What is LY Total Assets?

LY's Total Assets for the quarter that ended in Jun. 2024 was S$81.80 Mil.

During the past 12 months, LY's average Total Assets Growth Rate was -2.90% per year. During the past 3 years, the average Total Assets Growth Rate was -11.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year.

During the past 10 years, LY's highest 3-Year average Total Assets Growth Rate was 13.90%. The lowest was -11.30%. And the median was 5.80%.

Total Assets is connected with ROA %. LY's annualized ROA % for the quarter that ended in Jun. 2024 was 3.47%. Total Assets is also linked to Revenue through Asset Turnover. LY's Asset Turnover for the quarter that ended in Jun. 2024 was 0.38.

LY Total Assets Historical Data

The historical data trend for LY'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.

LY Total Assets Chart

LY 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 91.46 112.43 108.79 100.27 85.17

LY Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 115.13 100.27 89.41 85.17 81.80

LY 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.

LY'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 )
=61.082+24.086
=85.17

LY's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=62.819+18.983
=81.80

* 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.

LY  (SGX:1H8) Total Assets Explanation

Total Assets is connected with ROA %.

LY's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.894/( (85.167+81.802)/ 2 )
=2.894/83.4845
=3.47 %

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

LY's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=31.498/( (85.167+81.802)/ 2 )
=31.498/83.4845
=0.38

* 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.

LY Total Assets Related Terms

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LY Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » LY Corp Ltd (SGX:1H8) » Definitions » Total Assets
Comparable Companies
SGX:BJZ SGX:5LE SGX:C04 SGX:5AI SGX:504 SGX:5QR SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK SZSE:000921 SHSE:603816 LSE:HWDN
Traded in Other Exchanges
N/A
Address
9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
Website
https://www.lyfurniture.com
LY Corp Ltd is engaged in the design, manufacture, and sale of all kinds of furniture. The company offers different types of furniture for household, outdoor, and office and consists of various sizes, nightstands, dresser, drawer chest, media chest, wardrobe, and vanity and television armoire. Its business segments are; Manufacturing all kinds of furniture which generates key revenue, and Manufacturing any type of woodwork or building product. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Hong Kong, Malaysia, Japan, United Arab Emirates, the Republic of China, and other markets.

LY Headlines

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