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VCIG (VCI Global) Total Assets : $56.89 Mil (As of Jun. 2024)


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What is VCI Global Total Assets?

VCI Global's Total Assets for the quarter that ended in Jun. 2024 was $56.89 Mil.

During the past 12 months, VCI Global's average Total Assets Growth Rate was 290.20% per year. During the past 3 years, the average Total Assets Growth Rate was 219.90% per year.

During the past 4 years, VCI Global's highest 3-Year average Total Assets Growth Rate was 219.90%. The lowest was 219.90%. And the median was 219.90%.

Total Assets is connected with ROA %. VCI Global's annualized ROA % for the quarter that ended in Jun. 2024 was 28.82%. Total Assets is also linked to Revenue through Asset Turnover. VCI Global's Asset Turnover for the quarter that ended in Jun. 2024 was 0.33.

VCI Global Total Assets Historical Data

The historical data trend for VCI Global'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.

VCI Global Total Assets Chart

VCI Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
0.85 10.48 9.49 25.34

VCI Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 11.71 9.49 17.57 25.34 56.89

VCI Global 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.

VCI Global'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 )
=19.959+5.384
=25.34

VCI Global'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 )
=50.282+6.61
=56.89

* 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.

VCI Global  (NAS:VCIG) Total Assets Explanation

Total Assets is connected with ROA %.

VCI Global'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 )
=11.852/( (25.343+56.892)/ 2 )
=11.852/41.1175
=28.82 %

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.

VCI Global'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 )
=13.749/( (25.343+56.892)/ 2 )
=13.749/41.1175
=0.33

* 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.

VCI Global Total Assets Related Terms

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VCI Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VCI Global Ltd (NAS:VCIG) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.v-capital.co
VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.