Solus Advanced Materials's Total Assets for the quarter that ended in Dec. 2024 was ₩2,079,395.11 Mil.
Warning Sign:
If a company builds assets at 37.6% a year, faster than its revenue growth rate of 29.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Solus Advanced Materials's average Total Assets Growth Rate was 32.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 29.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 37.60% per year.
During the past 6 years, Solus Advanced Materials's highest 3-Year average Total Assets Growth Rate was 48.10%. The lowest was 29.70%. And the median was 38.80%.
* 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.
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.
Solus Advanced Materials's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Solus Advanced Materials (XKRX:33637L.PFD) Total Assets Explanation
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.
Solus Advanced Materials's Asset Turnover for the quarter that ended in Dec. 2024 is
* 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.
Solus Advanced Materials Total Assets Related Terms
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Solus Advanced Materials is a South Korea based company engaged in providing the copper foil for electronic devices. It also provides Battery copper foil for EV batteries, Electro Materials for mobile and TV and Natural materials for cosmeceutical, pharmaceutical and nutraceutical industries.
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