GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ME2ON Co Ltd (XKRX:201490) » Definitions » Total Assets

ME2ON Co (XKRX:201490) Total Assets : ₩275,978 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is ME2ON Co Total Assets?

ME2ON Co's Total Assets for the quarter that ended in Mar. 2024 was ₩275,978 Mil.

During the past 12 months, ME2ON Co's average Total Assets Growth Rate was 73.50% per year. During the past 3 years, the average Total Assets Growth Rate was 17.70% per year. During the past 5 years, the average Total Assets Growth Rate was 9.60% per year.

During the past 9 years, ME2ON Co's highest 3-Year average Total Assets Growth Rate was 144.30%. The lowest was 1.80%. And the median was 12.25%.

Total Assets is connected with ROA %. ME2ON Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.76%. Total Assets is also linked to Revenue through Asset Turnover. ME2ON Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.


ME2ON Co Total Assets Historical Data

The historical data trend for ME2ON Co'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.

ME2ON Co Total Assets Chart

ME2ON Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 175,119.53 217,695.95 224,200.32 220,653.32 260,840.92

ME2ON Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 233,347.89 230,559.89 241,520.90 260,840.92 275,977.79

ME2ON Co 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.

ME2ON Co'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 )
=225758.447+35082.47
=260,841

ME2ON Co'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 )
=232573.75+43404.039
=275,978

* 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.


ME2ON Co  (XKRX:201490) Total Assets Explanation

Total Assets is connected with ROA %.

ME2ON Co'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 )
=7396.256/( (260840.917+275977.789)/ 2 )
=7396.256/268409.353
=2.76 %

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.

ME2ON Co'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 )
=25417.257/( (260840.917+275977.789)/ 2 )
=25417.257/268409.353
=0.09

* 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.

ME2ON Co Total Assets Related Terms

Thank you for viewing the detailed overview of ME2ON Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


ME2ON Co (XKRX:201490) Business Description

Traded in Other Exchanges
N/A
Address
6F The Pinnacle Gangnam, 343, Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060
ME2ON Co Ltd is a social casino game developer. It offers an integrated online social poker game platform, fulpot poker, and an integrated mobile social casino game platform, full house casino.

ME2ON Co (XKRX:201490) Headlines

No Headlines