Fan Milk (XGHA:FML) Total Assets: GHS584.1 Mil (As of Dec. 2022)


XGHA:FML Fan Milk PLC XGHA:FML
13 GF Score
Price GHS13.34
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What is Fan Milk Total Assets?

Fan Milk XGHA:FML 13 Total Assets is GHS584.1 Mil as of Dec. 2022. GuruFocus rates XGHA:FML with a GF Score™ of 13/100.

Fan Milk's Total Assets for the quarter that ended in Dec. 2022 was GHS584.1 Mil.

Total Assets is connected with ROA %. Fan Milk's annualized ROA % for the quarter that ended in Dec. 2022 was -16.79%. Total Assets is also linked to Revenue through Asset Turnover. Fan Milk's Asset Turnover for the quarter that ended in Dec. 2022 was 0.26.

Fan Milk  (XGHA:FML) Total Assets Explanation

Total Assets is connected with ROA %.

Fan Milk's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-99.096/( (596.684+584.06)/ 2 )
=-99.096/590.372
=-16.79 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Fan Milk's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=154.757/( (596.684+584.06)/ 2 )
=154.757/590.372
=0.26

* 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.

Fan Milk Total Assets Related Terms

Fan Milk Total Assets Historical Data

* Premium members only.

The historical data trend for Fan Milk'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.

Fan Milk Total Assets Chart

Fan Milk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 300.11 326.40 375.82 571.56 584.06

Fan Milk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Dec17 Dec18 Sep19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 571.56 591.91 557.66 596.68 584.06
XGHA:FML
13GF Score
Fan Milk PLC XGHA:FML
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fan Milk 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.

Fan Milk's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=205.079+378.981
=584.1

Fan Milk's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=205.079+378.981
=584.1

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of GHS584.1 Mil mean?
Fan Milk (XGHA:FML) has a Total Assets of GHS584.1 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Fan Milk and its competitors.
Is Fan Milk's Total Assets too high?
Fan Milk's current Total Assets is GHS584.1 Mil. Overall, Fan Milk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Fan Milk's Total Assets compare to KHC and GIS?
Fan Milk's Total Assets of GHS584.1 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Fan Milk and its competitors. Fan Milk's current Total Assets is GHS584.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Milk stock overvalued right now?
Fan Milk (XGHA:FML) has a current Total Assets of GHS584.1 Mil. The current Total Assets is GHS584.1 Mil. Fan Milk's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Fan Milk (XGHA:FML), the current Total Assets is GHS584.1 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fan Milk Business Description

Address Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA
Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.
13GF Score

Get the complete analysis for XGHA:FML

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS13.34
Price