Schumag AG (FRA:SCM) Total Assets : €39.83 Mil (As of Mar. 2023)

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What is Schumag AG Total Assets?

Schumag AG's Total Assets for the quarter that ended in Mar. 2023 was €39.83 Mil.

During the past 12 months, Schumag AG's average Total Assets Growth Rate was 20.80% per year. During the past 3 years, the average Total Assets Growth Rate was -4.00% per year. During the past 5 years, the average Total Assets Growth Rate was -2.70% per year. During the past 10 years, the average Total Assets Growth Rate was -3.40% per year.

During the past 13 years, Schumag AG's highest 3-Year average Total Assets Growth Rate was 1.90%. The lowest was -14.40%. And the median was -5.20%.

Total Assets is connected with ROA %. Schumag AG's annualized ROA % for the quarter that ended in Mar. 2023 was -11.81%. Total Assets is also linked to Revenue through Asset Turnover. Schumag AG's Asset Turnover for the quarter that ended in Mar. 2023 was 0.67.

Schumag AG Total Assets Historical Data

The historical data trend for Schumag 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.

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Schumag AG Total Assets Chart

Schumag AG Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Total Assets

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39.75

40.31

34.38

33.02

35.00

Schumag AG Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Total Assets	Get a 7-Day Free Trial															31.98	35.00	35.32	39.12	39.83

Schumag AG 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.

Schumag AG's Total Assets for the fiscal year that ended in Sep. 2021 is calculated as

Total Assets	=	Total Equity (A: Sep. 2021 )	+	Total Liabilities (A: Sep. 2021 )
	=	0.73	+	34.266
	=	35.00

Schumag AG's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	3.369	+	36.464
	=	39.83

Schumag AG (FRA:SCM) Total Assets Explanation

Total Assets is connected with ROA %.

Schumag AG's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-4.664	/	( (39.122	+	39.833)	/ 2 )
	=	-4.664	/	39.4775
	=	-11.81 %

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

Schumag AG's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	26.535	/	( (39.122	+	39.833)	/ 2 )
=	26.535	/	39.4775
=	0.67

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.

Schumag AG Total Assets Related Terms

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Schumag AG (FRA:SCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schumag AG (FRA:SCM) » Definitions » Total Assets

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Address

Nerscheider Weg 170, Aachen, DEU, D-52076

Website

http://www.schumag.de

Schumag AG is a Germany-based company engaged in the machinery and precision mechanics manufacture. It operates in one business segment being Precision Engineering, which produces automotive parts, components for precision measuring and indicating equipment, precision axles for a range of household's appliances, components for medical. It also produces optical equipment, standard precision parts for injection molding and pressure die-casting as well as precision parts in small lot sizes manufactured according to the customers' drawings. Its products include Control pistons, valve pistons, plungers, Plunger barrel combinations and High-pressure relief valves.