YB Ventures Bhd (XKLS:5048) Total Assets : RM333.09 Mil (As of Mar. 2024)

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What is YB Ventures Bhd Total Assets?

YB Ventures Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM333.09 Mil.

During the past 12 months, YB Ventures Bhd's average Total Assets Growth Rate was -10.50% per year. During the past 3 years, the average Total Assets Growth Rate was 27.40% per year. During the past 5 years, the average Total Assets Growth Rate was 15.60% per year. During the past 10 years, the average Total Assets Growth Rate was 3.10% per year.

During the past 13 years, YB Ventures Bhd's highest 3-Year average Total Assets Growth Rate was 27.40%. The lowest was -5.90%. And the median was -0.50%.

Total Assets is connected with ROA %. YB Ventures Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was -12.87%. Total Assets is also linked to Revenue through Asset Turnover. YB Ventures Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

YB Ventures Bhd Total Assets Historical Data

The historical data trend for YB Ventures 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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YB Ventures Bhd Total Assets Chart

YB Ventures Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Total Assets

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228.36

222.25

217.51

322.85

372.79

YB Ventures Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															384.26	372.79	357.42	349.87	333.09

YB Ventures 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.

YB Ventures Bhd's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	328.78	+	44.014
	=	372.79

YB Ventures 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 )
	=	289.944	+	43.149
	=	333.09

YB Ventures Bhd (XKLS:5048) Total Assets Explanation

Total Assets is connected with ROA %.

YB Ventures 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 )
	=	-43.932	/	( (349.872	+	333.093)	/ 2 )
	=	-43.932	/	341.4825
	=	-12.87 %

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.

YB Ventures 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 )
=	17.104	/	( (349.872	+	333.093)	/ 2 )
=	17.104	/	341.4825
=	0.05

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.

YB Ventures Bhd Total Assets Related Terms

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YB Ventures Bhd (XKLS:5048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YB Ventures Bhd (XKLS:5048) » Definitions » Total Assets

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Address

Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000

Website

https://www.ybventures.com

YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

YB Ventures Bhd (XKLS:5048) Headlines

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