Valtecne SPA (MIL:VLT) Total Assets : €37.35 Mil (As of Jun. 2023)

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What is Valtecne SPA Total Assets?

Valtecne SPA's Total Assets for the quarter that ended in Jun. 2023 was €37.35 Mil.

During the past 12 months, Valtecne SPA's average Total Assets Growth Rate was 35.10% per year.

Total Assets is connected with ROA %. Valtecne SPA's annualized ROA % for the quarter that ended in Jun. 2023 was 14.38%. Total Assets is also linked to Revenue through Asset Turnover. Valtecne SPA's Asset Turnover for the quarter that ended in Jun. 2023 was 0.52.

Valtecne SPA Total Assets Historical Data

The historical data trend for Valtecne SPA'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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Valtecne SPA Total Assets Chart

Valtecne SPA Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

13.39

22.09

28.05

Valtecne SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial			-	22.09	23.92	28.05	37.35

Valtecne SPA 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.

Valtecne SPA's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	10.983	+	17.061
	=	28.04

Valtecne SPA's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	18.883	+	18.462
	=	37.35

Valtecne SPA (MIL:VLT) Total Assets Explanation

Total Assets is connected with ROA %.

Valtecne SPA's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	4.702	/	( (28.045	+	37.345)	/ 2 )
	=	4.702	/	32.695
	=	14.38 %

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

Valtecne SPA's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	17.02	/	( (28.045	+	37.345)	/ 2 )
=	17.02	/	32.695
=	0.52

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.

Valtecne SPA Total Assets Related Terms

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