Mermaid Maritime PCL (SGX:DU4) Total Assets : S$571.6 Mil (As of Jun. 2024)

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What is Mermaid Maritime PCL Total Assets?

Mermaid Maritime PCL's Total Assets for the quarter that ended in Jun. 2024 was S$571.6 Mil.

During the past 12 months, Mermaid Maritime PCL's average Total Assets Growth Rate was 38.00% 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 -2.70% per year. During the past 10 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 13 years, Mermaid Maritime PCL's highest 3-Year average Total Assets Growth Rate was 34.40%. The lowest was -18.00%. And the median was 2.20%.

Total Assets is connected with ROA %. Mermaid Maritime PCL's annualized ROA % for the quarter that ended in Jun. 2024 was 2.83%. Total Assets is also linked to Revenue through Asset Turnover. Mermaid Maritime PCL's Asset Turnover for the quarter that ended in Jun. 2024 was 0.40.

Mermaid Maritime PCL Total Assets Historical Data

The historical data trend for Mermaid Maritime PCL'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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Mermaid Maritime PCL Total Assets Chart

Mermaid Maritime PCL Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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507.40

347.10

352.62

394.04

475.00

Mermaid Maritime PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															405.75	445.38	475.00	491.35	571.60

Mermaid Maritime PCL 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.

Mermaid Maritime PCL'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 )
	=	227.26	+	247.739
	=	475.0

Mermaid Maritime PCL'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 )
	=	235.13	+	336.465
	=	571.6

Mermaid Maritime PCL (SGX:DU4) Total Assets Explanation

Total Assets is connected with ROA %.

Mermaid Maritime PCL's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	15.048	/	( (491.35	+	571.595)	/ 2 )
	=	15.048	/	531.4725
	=	2.83 %

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

Mermaid Maritime PCL's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	213.608	/	( (491.35	+	571.595)	/ 2 )
=	213.608	/	531.4725
=	0.40

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.

Mermaid Maritime PCL Total Assets Related Terms

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Mermaid Maritime PCL Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mermaid Maritime PCL (SGX:DU4) » Definitions » Total Assets

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Address

Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330

Website

https://www.mermaid-group.com

Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

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