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Next Re SIIQ SpA (MIL:NR) Total Assets : €140.93 Mil (As of Dec. 2023)


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What is Next Re SIIQ SpA Total Assets?

Next Re SIIQ SpA's Total Assets for the quarter that ended in Dec. 2023 was €140.93 Mil.

During the past 12 months, Next Re SIIQ SpA's average Total Assets Growth Rate was -4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 3.80% per year. During the past 10 years, the average Total Assets Growth Rate was 83.10% per year.

During the past 13 years, Next Re SIIQ SpA's highest 3-Year average Total Assets Growth Rate was 808.20%. The lowest was -78.60%. And the median was 2.60%.

Total Assets is connected with ROA %. Next Re SIIQ SpA's annualized ROA % for the quarter that ended in Dec. 2023 was -4.70%. Total Assets is also linked to Revenue through Asset Turnover. Next Re SIIQ SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.


Next Re SIIQ SpA Total Assets Historical Data

The historical data trend for Next Re SIIQ SpA'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.

Next Re SIIQ SpA Total Assets Chart

Next Re SIIQ SpA 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 136.83 152.73 155.57 157.22 140.93

Next Re SIIQ SpA 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 155.57 157.86 157.22 143.64 140.93

Next Re SIIQ SpA 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.

Next Re SIIQ SpA'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 )
=76.489+64.444
=140.93

Next Re SIIQ SpA'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 )
=76.489+64.444
=140.93

* 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.


Next Re SIIQ SpA  (MIL:NR) Total Assets Explanation

Total Assets is connected with ROA %.

Next Re SIIQ SpA'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 )
=-6.69/( (143.635+140.933)/ 2 )
=-6.69/142.284
=-4.70 %

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.

Next Re SIIQ SpA'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 )
=3.291/( (143.635+140.933)/ 2 )
=3.291/142.284
=0.02

* 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.

Next Re SIIQ SpA Total Assets Related Terms

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Next Re SIIQ SpA (MIL:NR) Business Description

Traded in Other Exchanges
N/A
Address
Via Zara, no. 28, Rome, ITA, 00198
Next Re SIIQ SpA is a real estate company. It is focused on investment in and enhancement of high-quality real estate rental assets located in the main Italian cities and diversified by office and retail segments. The company y manages a portfolio consisting of office, hotel, and commercial properties and is focused on asset classes that are aimed to meet the needs of new patterns and styles of real estate use, which reflect the economy and society's characteristics of access, utility, and experience. The categories engaged to look at Life-cycle Living & Hospitality, Leisure & Wellness, Smart Office Space, and Omnichannel Retail & Distribution.