Icon Offshore Bhd (XKLS:5255) Total Assets : RM726.7 Mil (As of Dec. 2023)

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What is Icon Offshore Bhd Total Assets?

Icon Offshore Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM726.7 Mil.

During the past 12 months, Icon Offshore Bhd's average Total Assets Growth Rate was -8.20% 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 -3.90% per year. During the past 10 years, the average Total Assets Growth Rate was -10.40% per year.

During the past 12 years, Icon Offshore Bhd's highest 3-Year average Total Assets Growth Rate was 6.90%. The lowest was -19.70%. And the median was -6.60%.

Total Assets is connected with ROA %. Icon Offshore Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -0.83%. Total Assets is also linked to Revenue through Asset Turnover. Icon Offshore Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Icon Offshore Bhd Total Assets Historical Data

The historical data trend for Icon Offshore 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.

* Premium members only.

Icon Offshore Bhd Total Assets Chart

Icon Offshore Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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754.57

780.54

968.69

753.42

726.73

Icon Offshore Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															753.42	751.37	758.02	749.51	726.73

Icon Offshore 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.

Icon Offshore 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 )
	=	377.328	+	349.398
	=	726.7

Icon Offshore 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 )
	=	377.328	+	349.398
	=	726.7

Icon Offshore Bhd (XKLS:5255) Total Assets Explanation

Total Assets is connected with ROA %.

Icon Offshore Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-6.144	/	( (749.511	+	726.727)	/ 2 )
	=	-6.144	/	738.119
	=	-0.83 %

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

Icon Offshore Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	42.165	/	( (749.511	+	726.727)	/ 2 )
=	42.165	/	738.119
=	0.06

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.

Icon Offshore Bhd Total Assets Related Terms

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Icon Offshore Bhd (XKLS:5255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.iconoffshore.com.my

Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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