RHI Magnesita NV's Total Assets for the quarter that ended in Dec. 2023 was $5,289 Mil.
Warning Sign:
If a company builds assets at 7.6% a year, faster than its revenue growth rate of 3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, RHI Magnesita NV's average Total Assets Growth Rate was 15.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 18.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.60% per year.
During the past 8 years, RHI Magnesita NV's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was -6.50%. And the median was 7.50%.
The historical data trend for RHI Magnesita NV'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.
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.
RHI Magnesita NV's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
RHI Magnesita NV (OTCPK:RMGNF) Total Assets Explanation
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.
RHI Magnesita NV's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
RHI Magnesita NV Total Assets Related Terms
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RHI Magnesita NV (RHI Magnesita NV) Business Description
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.
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