Afarak Group SE (CHIX:AFAGRH) Total Assets

: €159.8 Mil (As of Dec. 2022)

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Afarak Group SE's Total Assets for the quarter that ended in Dec. 2022 was €159.8 Mil.

During the past 12 months, Afarak Group SE's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.70% per year. During the past 5 years, the average Total Assets Growth Rate was -10.50% per year. During the past 10 years, the average Total Assets Growth Rate was -7.50% per year.

During the past 13 years, Afarak Group SE's highest 3-Year average Total Assets Growth Rate was 0.70%. The lowest was -25.50%. And the median was -6.60%.

Total Assets is connected with ROA %. Afarak Group SE's annualized ROA % for the quarter that ended in Dec. 2022 was 28.34%. Total Assets is also linked to Revenue through Asset Turnover. Afarak Group SE's Asset Turnover for the quarter that ended in Dec. 2022 was 0.64.

Afarak Group SE Total Assets Historical Data

The historical data trend for Afarak Group SE'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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Afarak Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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223.60

142.59

146.35

159.76

162.34

Afarak Group SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial															155.69	146.35	172.17	159.76	162.34

Afarak Group SE 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.

Afarak Group SE'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 )
	=	105.741	+	56.601
	=	162.3

Afarak Group SE's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	104.787	+	54.971
	=	159.8

Afarak Group SE (CHIX:AFAGRh) Total Assets Explanation

Total Assets is connected with ROA %.

Afarak Group SE's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	47.036	/	( (172.173	+	159.758)	/ 2 )
	=	47.036	/	165.9655
	=	28.34 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) 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.

Afarak Group SE's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	106.639	/	( (172.173	+	159.758)	/ 2 )
=	106.639	/	165.9655
=	0.64

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.

Afarak Group SE Total Assets Related Terms

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Afarak Group SE (CHIX:AFAGRH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afarak Group SE (CHIX:AFAGRh) » Definitions » Total Assets

Traded in Other Exchanges

AFAGR:Finland

Address

Kaisaniemenkatu 4, Helsinki, FIN, 00100

Website

https://www.afarak.com

Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

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