Fast Energy Holdings Bhd (XKLS:0084) Total Assets : RM97.5 Mil (As of Dec. 2024)

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What is Fast Energy Holdings Bhd Total Assets?

Fast Energy Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM97.5 Mil.

Warning Sign:

If a company builds assets at 38.2% a year, faster than its revenue growth rate of 13.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Fast Energy Holdings Bhd's average Total Assets Growth Rate was -25.80% per year. During the past 3 years, the average Total Assets Growth Rate was -8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 38.20% per year. During the past 10 years, the average Total Assets Growth Rate was 25.40% per year.

During the past 13 years, Fast Energy Holdings Bhd's highest 3-Year average Total Assets Growth Rate was 78.10%. The lowest was -18.90%. And the median was -4.55%.

Total Assets is connected with ROA %. Fast Energy Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was -54.62%. Total Assets is also linked to Revenue through Asset Turnover. Fast Energy Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.76.

Fast Energy Holdings Bhd Total Assets Historical Data

The historical data trend for Fast Energy Holdings Bhd'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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Fast Energy Holdings Bhd Total Assets Chart

Fast Energy Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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43.12

123.36

139.71

129.60

97.45

Fast Energy Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															129.60	152.66	143.18	132.85	97.45

Fast Energy Holdings Bhd 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.

Fast Energy Holdings Bhd's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	89.182	+	8.272
	=	97.5

Fast Energy Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	89.182	+	8.272
	=	97.5

Fast Energy Holdings Bhd (XKLS:0084) Total Assets Explanation

Total Assets is connected with ROA %.

Fast Energy Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-62.892	/	( (132.849	+	97.454)	/ 2 )
	=	-62.892	/	115.1515
	=	-54.62 %

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

Fast Energy Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	86.966	/	( (132.849	+	97.454)	/ 2 )
=	86.966	/	115.1515
=	0.76

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.

Fast Energy Holdings Bhd Total Assets Related Terms

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Fast Energy Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fast Energy Holdings Bhd (XKLS:0084) » Definitions » Total Assets

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Address

B2-1-12, Solaris Dutamas, No. 1, Jalan Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.techfast.com.my

Fast Energy Holdings Bhd formerly Techfast Holdings Bhd is an investment holding company. It is engaged in the provision of management services. The company's business segments include Investment holding includes Investment holding and provision of management and corporate services, Oil Bunkering includes Provision of bunkering services, vessel chartering and trading of petroleum and commodities and Renewable energy includes Investment in solar, design, construct, operate solar and trading of any solar related products geographical presence in Malaysia, Asia and Other countries.

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