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Credito Emiliano (MIL:CE) Total Assets : €65,741 Mil (As of Mar. 2024)


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What is Credito Emiliano Total Assets?

Credito Emiliano's Total Assets for the quarter that ended in Mar. 2024 was €65,741 Mil.

During the past 12 months, Credito Emiliano's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.90% per year. During the past 5 years, the average Total Assets Growth Rate was 8.70% per year. During the past 10 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 13 years, Credito Emiliano's highest 3-Year average Total Assets Growth Rate was 12.10%. The lowest was 2.10%. And the median was 5.70%.

Total Assets is connected with ROA %. Credito Emiliano's annualized ROA % for the quarter that ended in Mar. 2024 was 0.96%. Total Assets is also linked to Revenue through Asset Turnover. Credito Emiliano's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Credito Emiliano Total Assets Historical Data

The historical data trend for Credito Emiliano'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.

Credito Emiliano Total Assets Chart

Credito Emiliano 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 47,629.99 56,650.25 67,579.19 64,818.16 68,017.64

Credito Emiliano 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 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 67,944.93 64,419.48 65,290.72 68,017.64 65,740.91

Credito Emiliano 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.

Credito Emiliano'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 )
=3870.545+64147.099
=68,018

Credito Emiliano'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 )
=3820.094+61920.814
=65,741

* 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.


Credito Emiliano  (MIL:CE) Total Assets Explanation

Total Assets is connected with ROA %.

Credito Emiliano'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 )
=643.704/( (68017.644+65740.908)/ 2 )
=643.704/66879.276
=0.96 %

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.

Credito Emiliano'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 )
=554.387/( (68017.644+65740.908)/ 2 )
=554.387/66879.276
=0.01

* 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.

Credito Emiliano Total Assets Related Terms

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Credito Emiliano (MIL:CE) Business Description

Traded in Other Exchanges
Address
Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100
Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.

Credito Emiliano (MIL:CE) Headlines

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