Remy Cointreau (Remy Cointreau) Total Assets

: $3,782 Mil (As of Sep. 2023)

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Remy Cointreau's Total Assets for the quarter that ended in Sep. 2023 was $3,782 Mil.

During the past 12 months, Remy Cointreau's average Total Assets Growth Rate was 7.10% per year. During the past 3 years, the average Total Assets Growth Rate was 7.30% per year. During the past 5 years, the average Total Assets Growth Rate was 5.60% per year. During the past 10 years, the average Total Assets Growth Rate was 3.60% per year.

During the past 13 years, Remy Cointreau's highest 3-Year average Total Assets Growth Rate was 8.00%. The lowest was -6.90%. And the median was 0.25%.

Total Assets is connected with ROA %. Remy Cointreau's annualized ROA % for the quarter that ended in Sep. 2023 was 6.71%. Total Assets is also linked to Revenue through Asset Turnover. Remy Cointreau's Asset Turnover for the quarter that ended in Sep. 2023 was 0.19.

Remy Cointreau Total Assets Historical Data

The historical data trend for Remy Cointreau'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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Remy Cointreau Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

2,965.65

3,081.44

3,310.83

3,280.40

3,412.21

Remy Cointreau Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets																3,334.59	3,280.40	3,114.26	3,412.21	3,781.96

Remy Cointreau 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.

Remy Cointreau'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 )
	=	1879.122	+	1533.084
	=	3,412

Remy Cointreau'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 )
	=	1897.759	+	1884.205
	=	3,782

Remy Cointreau (OTCPK:REMYF) Total Assets Explanation

Total Assets is connected with ROA %.

Remy Cointreau'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 )
	=	241.196	/	( (3412.206	+	3781.964)	/ 2 )
	=	241.196	/	3597.085
	=	6.71 %

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.

Remy Cointreau'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 )
=	679.509	/	( (3412.206	+	3781.964)	/ 2 )
=	679.509	/	3597.085
=	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.

Remy Cointreau Total Assets Related Terms

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Remy Cointreau (Remy Cointreau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

REMYY:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany

Address

Rue Joseph Pataa, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

By Holmes Osborne, CFA Holmes Osborne, CFA • 04-18-2016