Salzgitter AG's Total Assets for the quarter that ended in Dec. 2023 was $11,453 Mil.
During the past 12 months, Salzgitter AG's average Total Assets Growth Rate was -5.50% 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 5.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.00% per year.
During the past 13 years, Salzgitter AG's highest 3-Year average Total Assets Growth Rate was 21.30%. The lowest was -3.30%. And the median was 5.20%.
The historical data trend for Salzgitter AG'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.
Salzgitter AG'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.
Salzgitter AG (OTCPK:SZGPY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Salzgitter AG'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.
Salzgitter AG Total Assets Related Terms
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Salzgitter AG (Salzgitter AG) Business Description
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.
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