REC Silicon ASA (REC Silicon ASA) Total Assets : $552.9 Mil (As of Dec. 2023)

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What is REC Silicon ASA Total Assets?

REC Silicon ASA's Total Assets for the quarter that ended in Dec. 2023 was $552.9 Mil.

During the past 12 months, REC Silicon ASA's average Total Assets Growth Rate was 90.10% per year. During the past 3 years, the average Total Assets Growth Rate was 30.90% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year. During the past 10 years, the average Total Assets Growth Rate was -16.30% per year.

During the past 13 years, REC Silicon ASA's highest 3-Year average Total Assets Growth Rate was 154.00%. The lowest was -37.40%. And the median was -6.00%.

Total Assets is connected with ROA %. REC Silicon ASA's annualized ROA % for the quarter that ended in Dec. 2023 was 83.81%. Total Assets is also linked to Revenue through Asset Turnover. REC Silicon ASA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

REC Silicon ASA Total Assets Historical Data

The historical data trend for REC Silicon ASA'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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REC Silicon ASA Total Assets Chart

REC Silicon ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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290.60

341.40

294.90

319.90

552.90

REC Silicon ASA 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															319.90	286.80	293.60	443.60	552.90

REC Silicon ASA 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.

REC Silicon ASA'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 )
	=	76.4	+	476.5
	=	552.9

REC Silicon ASA'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 )
	=	76.4	+	476.5
	=	552.9

REC Silicon ASA (OTCPK:RNWEF) Total Assets Explanation

Total Assets is connected with ROA %.

REC Silicon ASA'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 )
	=	417.6	/	( (443.6	+	552.9)	/ 2 )
	=	417.6	/	498.25
	=	83.81 %

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.

REC Silicon ASA'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 )
=	40.5	/	( (443.6	+	552.9)	/ 2 )
=	40.5	/	498.25
=	0.08

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.

REC Silicon ASA Total Assets Related Terms

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REC Silicon ASA (REC Silicon ASA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OTCPK:RNWEF) » Definitions » Total Assets

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RNWEY:USA RECo:Sweden RECSI:Norway R3Q:Germany

Address

Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324

Website

https://www.recsilicon.com

REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

From GuruFocus

Q4 2023 REC Silicon ASA Earnings Call Transcript

By GuruFocus Research • 02-10-2024