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Kornic Automation Co (XKRX:391710) Total Assets : ₩66,852 Mil (As of Mar. 2024)


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What is Kornic Automation Co Total Assets?

Kornic Automation Co's Total Assets for the quarter that ended in Mar. 2024 was ₩66,852 Mil.

During the past 12 months, Kornic Automation Co's average Total Assets Growth Rate was 392.80% per year.

Total Assets is connected with ROA %. Kornic Automation Co's annualized ROA % for the quarter that ended in Mar. 2024 was -10.10%. Total Assets is also linked to Revenue through Asset Turnover. Kornic Automation Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


Kornic Automation Co Total Assets Historical Data

The historical data trend for Kornic Automation 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.

Kornic Automation Co Total Assets Chart

Kornic Automation Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
18,006.12 31,402.77 42,645.46

Kornic Automation Co Quarterly Data
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 29,213.07 35,065.07 35,272.12 42,645.46 66,851.58

Kornic Automation 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.

Kornic Automation 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 )
=26173.693+16471.766
=42,645

Kornic Automation 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 )
=25101.232+41750.349
=66,852

* 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.


Kornic Automation Co  (XKRX:391710) Total Assets Explanation

Total Assets is connected with ROA %.

Kornic Automation 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 )
=-5530.388/( (42645.459+66851.582)/ 2 )
=-5530.388/54748.5205
=-10.10 %

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.

Kornic Automation 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 )
=2095.234/( (42645.459+66851.582)/ 2 )
=2095.234/54748.5205
=0.04

* 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.

Kornic Automation Co Total Assets Related Terms

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Kornic Automation Co (XKRX:391710) Business Description

Traded in Other Exchanges
N/A
Address
23-12, Dongtan Sandan 9-gil, 8th Floor, Gyeonggido, Hwaseong-si, KOR
Kornic Automation Co Ltd is engaged in providing localized software for Semiconductor and Display equipment control solutions.

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