Mynaric AG (FRA:M0YN) Total Assets : €119.09 Mil (As of Dec. 2023)

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What is Mynaric AG Total Assets?

Mynaric AG's Total Assets for the quarter that ended in Dec. 2023 was €119.09 Mil.

Warning Sign:

If a company builds assets at 51.5% a year, faster than its revenue growth rate of 45% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mynaric AG's average Total Assets Growth Rate was 35.70% per year. During the past 3 years, the average Total Assets Growth Rate was 29.90% per year. During the past 5 years, the average Total Assets Growth Rate was 51.50% per year.

During the past 7 years, Mynaric AG's highest 3-Year average Total Assets Growth Rate was 138.10%. The lowest was 29.90%. And the median was 61.30%.

Total Assets is connected with ROA %. Mynaric AG's annualized ROA % for the quarter that ended in Dec. 2023 was -100.50%. Total Assets is also linked to Revenue through Asset Turnover. Mynaric AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Mynaric AG Total Assets Historical Data

The historical data trend for Mynaric AG'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.

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Mynaric AG Total Assets Chart

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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32.71

86.58

108.03

80.32

119.09

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								108.03	97.57	80.32	124.03	119.09

Mynaric AG 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.

Mynaric AG'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 )
	=	-49.287	+	168.373
	=	119.09

Mynaric AG'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 )
	=	-49.287	+	168.373
	=	119.09

Mynaric AG (FRA:M0YN) Total Assets Explanation

Total Assets is connected with ROA %.

Mynaric AG'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 )
	=	-122.168	/	( (124.026	+	119.086)	/ 2 )
	=	-122.168	/	121.556
	=	-100.50 %

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.

Mynaric AG'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 )
=	0.962	/	( (124.026	+	119.086)	/ 2 )
=	0.962	/	121.556
=	0.01

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.

Mynaric AG Total Assets Related Terms

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Mynaric AG (FRA:M0YN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mynaric AG (FRA:M0YN) » Definitions » Total Assets

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MYNA:USA MOYFF:USA M0YN:Germany

Address

Dornierstrasse 19, Gilching, BY, DEU, 82205

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

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