Reach Energy Bhd (XKLS:5256) Total Assets : RM861.3 Mil (As of Dec. 2024)

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What is Reach Energy Bhd Total Assets?

Reach Energy Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM861.3 Mil.

During the past 12 months, Reach Energy Bhd's average Total Assets Growth Rate was -2.60% per year. During the past 3 years, the average Total Assets Growth Rate was -13.50% per year. During the past 5 years, the average Total Assets Growth Rate was -10.50% per year.

During the past 10 years, Reach Energy Bhd's highest 3-Year average Total Assets Growth Rate was 308.40%. The lowest was -13.50%. And the median was -7.20%.

Total Assets is connected with ROA %. Reach Energy Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 23.66%. Total Assets is also linked to Revenue through Asset Turnover. Reach Energy Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.

Reach Energy Bhd Total Assets Historical Data

The historical data trend for Reach Energy 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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Reach Energy Bhd Total Assets Chart

Reach Energy Bhd Annual Data

Trend

Jul14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1,303.51

1,369.57

1,319.33

883.66

861.30

Reach Energy Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															883.66	911.24	922.01	733.17	861.30

Reach Energy 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.

Reach Energy Bhd's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	57.981	+	803.322
	=	861.3

Reach Energy Bhd's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	57.981	+	803.322
	=	861.3

Reach Energy Bhd (XKLS:5256) Total Assets Explanation

Total Assets is connected with ROA %.

Reach Energy Bhd's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	188.6	/	( (733.17	+	861.303)	/ 2 )
	=	188.6	/	797.2365
	=	23.66 %

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

Reach Energy Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	48.647	/	( (733.17	+	861.303)	/ 2 )
=	48.647	/	797.2365
=	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.

Reach Energy Bhd Total Assets Related Terms

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Reach Energy Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Energy Bhd (XKLS:5256) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

No. 1, Jalan Dutamas 1, D3-5-8, Block D3, Solaris Dutamas, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.reachenergy.com.my

Reach Energy Bhd is an oil and gas exploration and production company. It is engaged in the exploration, development and sale of crude oil and other petroleum products in the Republic of Kazakhstan, which also happens to be their single reportable segment. The company earns a majority of the revenue from exploration, development, production and sales of oil and other petroleum products in the Republic of Kazakhstan.

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