Eversafe Rubber Bhd (XKLS:0190) Total Assets : RM106.9 Mil (As of Sep. 2024)

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What is Eversafe Rubber Bhd Total Assets?

Eversafe Rubber Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM106.9 Mil.

Warning Sign:

If a company builds assets at 5.5% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Eversafe Rubber Bhd's average Total Assets Growth Rate was -4.90% per year. During the past 3 years, the average Total Assets Growth Rate was 6.60% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 11 years, Eversafe Rubber Bhd's highest 3-Year average Total Assets Growth Rate was 9.60%. The lowest was 3.50%. And the median was 6.25%.

Total Assets is connected with ROA %. Eversafe Rubber Bhd's annualized ROA % for the quarter that ended in Sep. 2024 was -12.41%. Total Assets is also linked to Revenue through Asset Turnover. Eversafe Rubber Bhd's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.

Eversafe Rubber Bhd Total Assets Historical Data

The historical data trend for Eversafe Rubber 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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Eversafe Rubber Bhd Total Assets Chart

Eversafe Rubber Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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107.70

108.84

114.62

130.86

130.49

Eversafe Rubber Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															121.24	130.49	115.75	110.07	106.95

Eversafe Rubber 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.

Eversafe Rubber Bhd'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 )
	=	60.447	+	70.04
	=	130.5

Eversafe Rubber Bhd's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	56.336	+	50.61
	=	106.9

Eversafe Rubber Bhd (XKLS:0190) Total Assets Explanation

Total Assets is connected with ROA %.

Eversafe Rubber Bhd's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-13.468	/	( (110.07	+	106.946)	/ 2 )
	=	-13.468	/	108.508
	=	-12.41 %

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

Eversafe Rubber Bhd's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	22.779	/	( (110.07	+	106.946)	/ 2 )
=	22.779	/	108.508
=	0.21

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.

Eversafe Rubber Bhd Total Assets Related Terms

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Eversafe Rubber Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Eversafe Rubber Bhd (XKLS:0190) » Definitions » Total Assets

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Address

Lot 94, Lebuh Portland, Tasek Industrial Estate, Ipoh, PRK, MYS, 31400

Website

http://www.eversafe.com.my

Eversafe Rubber Bhd is a rubber product manufacturing company. It is engaged in the development, manufacturing, and distribution of tyre retreading materials and tyre retreading operations. The group has a single reporting segment Manufacturing and Sale of Rubber-based tyre retread products. The company derives the majority of its geographical revenue from Malaysia.

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