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Tronics Microsystems (XPAR:ALTRO) Total Assets : €26.65 Mil (As of Sep. 2023)


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What is Tronics Microsystems Total Assets?

Tronics Microsystems's Total Assets for the quarter that ended in Sep. 2023 was €26.65 Mil.

During the past 12 months, Tronics Microsystems's average Total Assets Growth Rate was -40.20% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was 8.00% per year. During the past 10 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 11 years, Tronics Microsystems's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was -5.30%. And the median was 11.05%.

Total Assets is connected with ROA %. Tronics Microsystems's annualized ROA % for the quarter that ended in Sep. 2023 was 1.61%. Total Assets is also linked to Revenue through Asset Turnover. Tronics Microsystems's Asset Turnover for the quarter that ended in Sep. 2023 was 0.30.


Tronics Microsystems Total Assets Historical Data

The historical data trend for Tronics Microsystems'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.

Tronics Microsystems Total Assets Chart

Tronics Microsystems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.72 28.02 25.28 23.89 18.45

Tronics Microsystems Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 26.70 23.89 22.88 18.45 26.65

Tronics Microsystems 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.

Tronics Microsystems's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=-7.445+25.895
=18.45

Tronics Microsystems's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-6.843+33.497
=26.65

* 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.


Tronics Microsystems  (XPAR:ALTRO) Total Assets Explanation

Total Assets is connected with ROA %.

Tronics Microsystems's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.364/( (18.45+26.654)/ 2 )
=0.364/22.552
=1.61 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Tronics Microsystems's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=6.852/( (18.45+26.654)/ 2 )
=6.852/22.552
=0.30

* 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.

Tronics Microsystems Total Assets Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description

Traded in Other Exchanges
N/A
Address
98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926
Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

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