Y.D. More Investments (XTAE:MRIN) Total Assets : ₪726.7 Mil (As of Mar. 2024)

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What is Y.D. More Investments Total Assets?

Y.D. More Investments's Total Assets for the quarter that ended in Mar. 2024 was ₪726.7 Mil.

Warning Sign:

If a company builds assets at 73.8% a year, faster than its revenue growth rate of 30.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Y.D. More Investments's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 47.60% per year. During the past 5 years, the average Total Assets Growth Rate was 73.80% per year.

During the past 9 years, Y.D. More Investments's highest 3-Year average Total Assets Growth Rate was 99.30%. The lowest was 41.80%. And the median was 60.20%.

Total Assets is connected with ROA %. Y.D. More Investments's annualized ROA % for the quarter that ended in Mar. 2024 was 9.63%. Total Assets is also linked to Revenue through Asset Turnover. Y.D. More Investments's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Y.D. More Investments Total Assets Historical Data

The historical data trend for Y.D. More Investments'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.

Y.D. More Investments Total Assets Chart

Y.D. More Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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97.85

271.37

453.19

711.73

694.73

Y.D. More Investments 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															748.57	693.57	688.78	694.73	726.71

Y.D. More Investments 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.

Y.D. More Investments'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 )
	=	335.558	+	359.174
	=	694.7

Y.D. More Investments'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 )
	=	359.224	+	367.481
	=	726.7

Y.D. More Investments (XTAE:MRIN) Total Assets Explanation

Total Assets is connected with ROA %.

Y.D. More Investments'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 )
	=	68.44	/	( (694.732	+	726.705)	/ 2 )
	=	68.44	/	710.7185
	=	9.63 %

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.

Y.D. More Investments'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 )
=	188.174	/	( (694.732	+	726.705)	/ 2 )
=	188.174	/	710.7185
=	0.26

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.

Y.D. More Investments Total Assets Related Terms

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Y.D. More Investments (XTAE:MRIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Y.D. More Investments Ltd (XTAE:MRIN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ben-Gurion Road 2, BSR Tower 1, Ramat Gan, ISR

Website

http://www.moreinvest.co.il

Y.D. More Investments Ltd is an investment house specialising in personal investment management services. Its activities include fund management, mutual funds and investment banking and portfolio management, among others. Its client base includes private investors, institutional bodies and corporations.