Safilo Group SpA (Safilo Group SpA) Total Assets : $933 Mil (As of Dec. 2023)

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What is Safilo Group SpA Total Assets?

Safilo Group SpA's Total Assets for the quarter that ended in Dec. 2023 was $933 Mil.

During the past 12 months, Safilo Group SpA's average Total Assets Growth Rate was -11.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.40% per year. During the past 10 years, the average Total Assets Growth Rate was -7.20% per year.

During the past 13 years, Safilo Group SpA's highest 3-Year average Total Assets Growth Rate was 4.90%. The lowest was -18.60%. And the median was -1.70%.

Total Assets is connected with ROA %. Safilo Group SpA's annualized ROA % for the quarter that ended in Dec. 2023 was -3.56%. Total Assets is also linked to Revenue through Asset Turnover. Safilo Group SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.54.

Safilo Group SpA Total Assets Historical Data

The historical data trend for Safilo Group 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.

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Safilo Group SpA Total Assets Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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921.49

1,106.88

1,059.63

1,017.23

932.89

Safilo Group 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															1,059.63	1,056.69	1,017.23	989.08	932.89

Safilo Group 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.

Safilo Group 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 )
	=	431.61	+	501.282
	=	933

Safilo Group 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 )
	=	431.61	+	501.282
	=	933

Safilo Group SpA (OTCPK:SAFLY) Total Assets Explanation

Total Assets is connected with ROA %.

Safilo Group 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 )
	=	-34.22	/	( (989.082	+	932.892)	/ 2 )
	=	-34.22	/	960.987
	=	-3.56 %

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.

Safilo Group 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 )
=	517.55	/	( (989.082	+	932.892)	/ 2 )
=	517.55	/	960.987
=	0.54

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.

Safilo Group SpA Total Assets Related Terms

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Safilo Group SpA (Safilo Group SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SAFLF:USA SFL:Italy 0NJ5:UK S5U5:Germany

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.

Safilo Group SpA (Safilo Group SpA) Headlines

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