Model Solution Co (XKRX:417970) Total Assets : ₩84,108 Mil (As of Mar. 2024)

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What is Model Solution Co Total Assets?

Model Solution Co's Total Assets for the quarter that ended in Mar. 2024 was ₩84,108 Mil.

During the past 12 months, Model Solution Co's average Total Assets Growth Rate was -3.60% per year. During the past 3 years, the average Total Assets Growth Rate was 20.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 12 years, Model Solution Co's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was -3.10%. And the median was -0.60%.

Total Assets is connected with ROA %. Model Solution Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.44%. Total Assets is also linked to Revenue through Asset Turnover. Model Solution Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Model Solution Co Total Assets Historical Data

The historical data trend for Model Solution 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.

Model Solution Co Total Assets Chart

Model Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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41,543.84

41,751.95

48,176.26

89,371.44

85,112.95

Model Solution Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							85,616.73	84,737.94	86,007.02	85,112.95	84,108.26

Model Solution 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.

Model Solution 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 )
	=	61521.968	+	23590.977
	=	85,113

Model Solution 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 )
	=	61899.881	+	22208.379
	=	84,108

Model Solution Co (XKRX:417970) Total Assets Explanation

Total Assets is connected with ROA %.

Model Solution 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 )
	=	2064.996	/	( (85112.945	+	84108.26)	/ 2 )
	=	2064.996	/	84610.6025
	=	2.44 %

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.

Model Solution 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 )
=	15576.146	/	( (85112.945	+	84108.26)	/ 2 )
=	15576.146	/	84610.6025
=	0.18

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.

Model Solution Co Total Assets Related Terms

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Model Solution Co (XKRX:417970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Model Solution Co Ltd (XKRX:417970) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

24, Cherry Blossom-ro 20-gil, Geumcheon-gu, Seoul, KOR, 08582

Website

https://www.model-solution.com

Model Solution Co Ltd manufactures and supports prototypes of new products that incorporate cutting-edge technologies such as IT devices, electronic products, and medical/healthcare devices through a variety of solutions including rapid prototypes, precision machining, quick-turn tooling and molding.

Model Solution Co (XKRX:417970) Headlines

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