Nova Pharma Solutions Bhd (XKLS:03006) Total Assets : RM17.34 Mil (As of Dec. 2023)

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What is Nova Pharma Solutions Bhd Total Assets?

Nova Pharma Solutions Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM17.34 Mil.

During the past 12 months, Nova Pharma Solutions Bhd's average Total Assets Growth Rate was -41.50% per year. During the past 3 years, the average Total Assets Growth Rate was -12.80% per year. During the past 5 years, the average Total Assets Growth Rate was 1.00% per year.

During the past 9 years, Nova Pharma Solutions Bhd's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was -12.80%. And the median was 7.50%.

Total Assets is connected with ROA %. Nova Pharma Solutions Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 20.24%. Total Assets is also linked to Revenue through Asset Turnover. Nova Pharma Solutions Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Nova Pharma Solutions Bhd Total Assets Historical Data

The historical data trend for Nova Pharma Solutions 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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Nova Pharma Solutions Bhd Total Assets Chart

Nova Pharma Solutions Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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12.56

11.80

13.21

13.88

17.34

Nova Pharma Solutions Bhd Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											13.21	13.23	13.88	16.87	17.34

Nova Pharma Solutions 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.

Nova Pharma Solutions 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 )
	=	14.252	+	3.085
	=	17.34

Nova Pharma Solutions Bhd's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	14.252	+	3.085
	=	17.34

Nova Pharma Solutions Bhd (XKLS:03006) Total Assets Explanation

Total Assets is connected with ROA %.

Nova Pharma Solutions Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	3.462	/	( (16.869	+	17.337)	/ 2 )
	=	3.462	/	17.103
	=	20.24 %

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

Nova Pharma Solutions Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	4.545	/	( (16.869	+	17.337)	/ 2 )
=	4.545	/	17.103
=	0.27

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.

Nova Pharma Solutions Bhd Total Assets Related Terms

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Nova Pharma Solutions Bhd (XKLS:03006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nova Pharma Solutions Bhd (XKLS:03006) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Jalan USJ 25/1, Level 5, Suite C-5-1 & 2, Block C, Sky Park, One City, Subang Jaya, SGR, MYS, 47650

Website

http://www.novapharmasolutions.com

Nova Pharma Solutions Bhd provides engineering solutions to pharma and biotech industries. The company's reportable segments include Design fee, Post Design, & Other support fees. Design fee comprises conceptual designs which include user requirement specification, capacity analysis and process scheduling with detailed costing, list of deliverables, details specification of various equipment and processes. Post design fee comprise tendering and procurement support as well as the construction of a plant, & Other support fees comprise of services to assist a customer in the good manufacturing practice document review & gap analysis and assessment. It generates a majority of its revenue from the Design fee segment. Geographically, the company generates a majority of its revenue from Malaysia.

Nova Pharma Solutions Bhd (XKLS:03006) Headlines

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