Taurus Armas (BSP:TASA4) Total Assets : R$2,154 Mil (As of Dec. 2023)

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Taurus Armas's Total Assets for the quarter that ended in Dec. 2023 was R$2,154 Mil.

Warning Sign:

If a company builds assets at 19.2% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Taurus Armas's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.50% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.00% per year.

During the past 13 years, Taurus Armas's highest 3-Year average Total Assets Growth Rate was 27.20%. The lowest was -4.00%. And the median was 8.70%.

Total Assets is connected with ROA %. Taurus Armas's annualized ROA % for the quarter that ended in Dec. 2023 was 7.87%. Total Assets is also linked to Revenue through Asset Turnover. Taurus Armas's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

Taurus Armas Total Assets Historical Data

The historical data trend for Taurus Armas'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.

Taurus Armas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,066.44

1,460.65

2,093.62

2,276.17

2,153.86

Taurus Armas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2,276.17	2,233.35	2,050.21	2,170.63	2,153.86

Taurus Armas 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.

Taurus Armas'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 )
	=	1091.805	+	1062.056
	=	2,154

Taurus Armas'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 )
	=	1091.805	+	1062.056
	=	2,154

Taurus Armas (BSP:TASA4) Total Assets Explanation

Total Assets is connected with ROA %.

Taurus Armas's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	170.12	/	( (2170.634	+	2153.861)	/ 2 )
	=	170.12	/	2162.2475
	=	7.87 %

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.

Taurus Armas's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	419.05	/	( (2170.634	+	2153.861)	/ 2 )
=	419.05	/	2162.2475
=	0.19

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.

Taurus Armas Total Assets Related Terms

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Taurus Armas (BSP:TASA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taurus Armas SA (BSP:TASA4) » Definitions » Total Assets

Comparable Companies

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TASA3:Brazil

Address

Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411

Website

https://www.taurusarmas.com.br

Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA4) Headlines

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