Metech International (SGX:V3M) Total Assets : S$3.84 Mil (As of Dec. 2023)

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What is Metech International Total Assets?

Metech International's Total Assets for the quarter that ended in Dec. 2023 was S$3.84 Mil.

During the past 12 months, Metech International's average Total Assets Growth Rate was -47.20% per year. During the past 3 years, the average Total Assets Growth Rate was -3.90% per year. During the past 5 years, the average Total Assets Growth Rate was -45.10% per year. During the past 10 years, the average Total Assets Growth Rate was -26.90% per year.

During the past 13 years, Metech International's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was -75.60%. And the median was -10.20%.

Total Assets is connected with ROA %. Metech International's annualized ROA % for the quarter that ended in Dec. 2023 was -48.31%. Total Assets is also linked to Revenue through Asset Turnover. Metech International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Metech International Total Assets Historical Data

The historical data trend for Metech International'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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Metech International Total Assets Chart

Metech International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Assets

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17.32

11.43

3.69

2.35

13.22

Metech International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial															2.35	12.85	13.22	6.75	3.84

Metech International 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.

Metech International's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (A: Jun. 2022 )	+	Total Liabilities (A: Jun. 2022 )
	=	11.704	+	1.52
	=	13.22

Metech International'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 )
	=	2.31	+	1.529
	=	3.84

Metech International (SGX:V3M) Total Assets Explanation

Total Assets is connected with ROA %.

Metech International's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2.558	/	( (6.75	+	3.839)	/ 2 )
	=	-2.558	/	5.2945
	=	-48.31 %

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.

Metech International's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.026	/	( (6.75	+	3.839)	/ 2 )
=	0.026	/	5.2945
=	0.00

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.

Metech International Total Assets Related Terms

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Metech International (SGX:V3M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Metech International Ltd (SGX:V3M) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523

Website

https://www.metechinternational.com

Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

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