Ramssol Group Bhd (XKLS:0236) Total Assets : RM112.28 Mil (As of Mar. 2024)

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What is Ramssol Group Bhd Total Assets?

Ramssol Group Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM112.28 Mil.

Warning Sign:

If a company builds assets at 91% a year, faster than its revenue growth rate of 16.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ramssol Group Bhd's average Total Assets Growth Rate was 67.80% per year. During the past 3 years, the average Total Assets Growth Rate was 77.30% per year. During the past 5 years, the average Total Assets Growth Rate was 91.00% per year.

During the past 7 years, Ramssol Group Bhd's highest 3-Year average Total Assets Growth Rate was 108.90%. The lowest was 40.30%. And the median was 92.35%.

Total Assets is connected with ROA %. Ramssol Group Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 15.67%. Total Assets is also linked to Revenue through Asset Turnover. Ramssol Group Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Ramssol Group Bhd Total Assets Historical Data

The historical data trend for Ramssol Group 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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Ramssol Group Bhd Total Assets Chart

Ramssol Group Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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9.96

19.76

49.34

64.24

100.83

Ramssol Group Bhd Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial												71.06	77.91	98.22	100.83	112.28

Ramssol Group 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.

Ramssol Group 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 )
	=	81.257	+	19.576
	=	100.83

Ramssol Group Bhd's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	85.325	+	26.951
	=	112.28

Ramssol Group Bhd (XKLS:0236) Total Assets Explanation

Total Assets is connected with ROA %.

Ramssol Group Bhd's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	16.696	/	( (100.833	+	112.276)	/ 2 )
	=	16.696	/	106.5545
	=	15.67 %

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

Ramssol Group Bhd's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	14.423	/	( (100.833	+	112.276)	/ 2 )
=	14.423	/	106.5545
=	0.14

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.

Ramssol Group Bhd Total Assets Related Terms

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Ramssol Group Bhd (XKLS:0236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ramssol Group Bhd (XKLS:0236) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Persiaran Multimedia, Cyber 10, B-04-05, Tamarind Square, Selangor Darul Ehsan, Cyberjaya, SGR, MYS, 63000

Website

https://www.ramssolgroup.com

Ramssol Group Bhd is principally involved in the business of software development and advisory business.

Ramssol Group Bhd (XKLS:0236) Headlines

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