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Hermes International (Hermes International) Total Assets : $22,298 Mil (As of Dec. 2023)


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What is Hermes International Total Assets?

Hermes International's Total Assets for the quarter that ended in Dec. 2023 was $22,298 Mil.

During the past 12 months, Hermes International's average Total Assets Growth Rate was 19.30% per year. During the past 3 years, the average Total Assets Growth Rate was 15.80% per year. During the past 5 years, the average Total Assets Growth Rate was 14.50% per year. During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.

During the past 13 years, Hermes International's highest 3-Year average Total Assets Growth Rate was 15.80%. The lowest was 2.70%. And the median was 11.45%.

Total Assets is connected with ROA %. Hermes International's annualized ROA % for the quarter that ended in Dec. 2023 was 21.62%. Total Assets is also linked to Revenue through Asset Turnover. Hermes International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.35.


Hermes International Total Assets Historical Data

The historical data trend for Hermes International'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.

Hermes International Total Assets Chart

Hermes International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,979.00 13,444.04 15,646.33 18,494.70 22,297.71

Hermes International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 15,646.33 15,942.92 18,494.70 19,777.90 22,297.71

Hermes International 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.

Hermes International'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 )
=16581.243+5716.467
=22,298

Hermes International's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=16581.243+5716.467
=22,298

* 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.


Hermes International  (OTCPK:HESAY) Total Assets Explanation

Total Assets is connected with ROA %.

Hermes International's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4547.438/( (19777.898+22297.71)/ 2 )
=4547.438/21037.804
=21.62 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Hermes International's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7338.059/( (19777.898+22297.71)/ 2 )
=7338.059/21037.804
=0.35

* 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.

Hermes International Total Assets Related Terms

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Hermes International (Hermes International) Business Description

Traded in Other Exchanges
Address
24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.

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