Mercury Securities Group Bhd (XKLS:0285) Total Assets : RM185.47 Mil (As of Oct. 2023)

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What is Mercury Securities Group Bhd Total Assets?

Mercury Securities Group Bhd's Total Assets for the quarter that ended in Oct. 2023 was RM185.47 Mil.

During the past 12 months, Mercury Securities Group Bhd's average Total Assets Growth Rate was 2.80% per year. During the past 3 years, the average Total Assets Growth Rate was -7.10% per year.

During the past 5 years, Mercury Securities Group Bhd's highest 3-Year average Total Assets Growth Rate was -7.10%. The lowest was -10.10%. And the median was -8.60%.

Total Assets is connected with ROA %. Mercury Securities Group Bhd's annualized ROA % for the quarter that ended in Oct. 2023 was 3.65%. Total Assets is also linked to Revenue through Asset Turnover. Mercury Securities Group Bhd's Asset Turnover for the quarter that ended in Oct. 2023 was 0.09.

Mercury Securities Group Bhd Total Assets Historical Data

The historical data trend for Mercury Securities 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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Mercury Securities Group Bhd Total Assets Chart

Mercury Securities Group Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

177.82

174.70

136.51

145.60

185.47

Mercury Securities Group Bhd Semi-Annual Data
	Oct19	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial			136.51	-	145.60	177.54	185.47

Mercury Securities 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.

Mercury Securities Group Bhd's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	170.596	+	14.878
	=	185.47

Mercury Securities Group Bhd's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	170.596	+	14.878
	=	185.47

Mercury Securities Group Bhd (XKLS:0285) Total Assets Explanation

Total Assets is connected with ROA %.

Mercury Securities Group Bhd's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	6.62	/	( (177.542	+	185.473)	/ 2 )
	=	6.62	/	181.5075
	=	3.65 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2023) 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.

Mercury Securities Group Bhd's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	15.966	/	( (177.542	+	185.473)	/ 2 )
=	15.966	/	181.5075
=	0.09

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.

Mercury Securities Group Bhd Total Assets Related Terms

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Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480

Website

https://www.mercurysecurities.com.my

Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

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