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IRM Group Bhd (XKLS:7220) Total Assets : RM36.30 Mil (As of Mar. 2015)


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What is IRM Group Bhd Total Assets?

IRM Group Bhd's Total Assets for the quarter that ended in Mar. 2015 was RM36.30 Mil.

During the past 12 months, IRM Group Bhd's average Total Assets Growth Rate was -55.60% per year. During the past 3 years, the average Total Assets Growth Rate was -33.00% per year. During the past 5 years, the average Total Assets Growth Rate was -16.00% per year.

During the past 9 years, IRM Group Bhd's highest 3-Year average Total Assets Growth Rate was 3.90%. The lowest was -33.00%. And the median was -6.60%.

Total Assets is connected with ROA %. IRM Group Bhd's annualized ROA % for the quarter that ended in Mar. 2015 was -4.87%. Total Assets is also linked to Revenue through Asset Turnover. IRM Group Bhd's Asset Turnover for the quarter that ended in Mar. 2015 was 0.01.


IRM Group Bhd Total Assets Historical Data

The historical data trend for IRM 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.

* Premium members only.

IRM Group Bhd Total Assets Chart

IRM Group Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Assets
Get a 7-Day Free Trial Premium Member Only 105.19 120.37 100.91 77.47 36.08

IRM Group Bhd Quarterly Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.19 79.01 31.74 36.08 36.30

IRM 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.

IRM Group Bhd's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=-16.611+52.69
=36.08

IRM Group Bhd's Total Assets for the quarter that ended in Mar. 2015 is calculated as

Total Assets=Total Equity (Q: Mar. 2015 )+Total Liabilities (Q: Mar. 2015 )
=-17.052+53.354
=36.30

* 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.


IRM Group Bhd  (XKLS:7220) Total Assets Explanation

Total Assets is connected with ROA %.

IRM Group Bhd's annualized ROA % for the quarter that ended in Mar. 2015 is

ROA %=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=-1.764/( (36.079+36.302)/ 2 )
=-1.764/36.1905
=-4.87 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) 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.

IRM Group Bhd's Asset Turnover for the quarter that ended in Mar. 2015 is

Asset Turnover
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=0.319/( (36.079+36.302)/ 2 )
=0.319/36.1905
=0.01

* 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.

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.

IRM Group Bhd Total Assets Related Terms

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IRM Group Bhd (XKLS:7220) Business Description

Traded in Other Exchanges
N/A
Address
IRM Group Bhd is an investment holding company. The Company is engaged in the business of manufacturing and selling of polyvinyl chloride resins and compounds, as well as plastic products such as sheeting and pipes.

IRM Group Bhd (XKLS:7220) Headlines

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