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Mettler-Toledo International (STU:MTO) Total Assets : €3,020 Mil (As of Mar. 2024)


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What is Mettler-Toledo International Total Assets?

Mettler-Toledo International's Total Assets for the quarter that ended in Mar. 2024 was €3,020 Mil.

During the past 12 months, Mettler-Toledo International's average Total Assets Growth Rate was -3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, Mettler-Toledo International's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -1.10%. And the median was 5.85%.

Total Assets is connected with ROA %. Mettler-Toledo International's annualized ROA % for the quarter that ended in Mar. 2024 was 21.43%. Total Assets is also linked to Revenue through Asset Turnover. Mettler-Toledo International's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.


Mettler-Toledo International Total Assets Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Total Assets Chart

Mettler-Toledo International 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 2,510.39 2,313.56 2,944.22 3,296.82 3,077.04

Mettler-Toledo International 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 3,184.85 3,110.88 3,081.54 3,077.04 3,020.47

Mettler-Toledo International 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.

Mettler-Toledo International'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 )
=-137.493+3214.537
=3,077

Mettler-Toledo International'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 )
=-146.02+3166.487
=3,020

* 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.


Mettler-Toledo International  (STU:MTO) Total Assets Explanation

Total Assets is connected with ROA %.

Mettler-Toledo International'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 )
=653.232/( (3077.044+3020.468)/ 2 )
=653.232/3048.756
=21.43 %

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.

Mettler-Toledo International'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 )
=851.873/( (3077.044+3020.468)/ 2 )
=851.873/3048.756
=0.28

* 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.

Mettler-Toledo International Total Assets Related Terms

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Mettler-Toledo International (STU:MTO) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

Mettler-Toledo International (STU:MTO) Headlines

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