Grupul Industrial Electrocontact (BSE:ECT) Total Assets : lei15.44 Mil (As of Jun. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Grupul Industrial Electrocontact Total Assets?

Grupul Industrial Electrocontact's Total Assets for the quarter that ended in Jun. 2023 was lei15.44 Mil.

During the past 12 months, Grupul Industrial Electrocontact's average Total Assets Growth Rate was -0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -3.10% per year. During the past 5 years, the average Total Assets Growth Rate was -4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.80% per year.

During the past 13 years, Grupul Industrial Electrocontact's highest 3-Year average Total Assets Growth Rate was 14.90%. The lowest was -7.70%. And the median was -5.15%.

Total Assets is connected with ROA %. Grupul Industrial Electrocontact's annualized ROA % for the quarter that ended in Jun. 2023 was -1.35%. Total Assets is also linked to Revenue through Asset Turnover. Grupul Industrial Electrocontact's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.

Grupul Industrial Electrocontact Total Assets Historical Data

The historical data trend for Grupul Industrial Electrocontact'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.

* Premium members only.

Grupul Industrial Electrocontact Total Assets Chart

Grupul Industrial Electrocontact Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

18.10

17.01

15.56

15.55

15.58

Grupul Industrial Electrocontact Semi-Annual Data
	Dec11	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															15.35	15.55	15.46	15.58	15.44

Grupul Industrial Electrocontact 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.

Grupul Industrial Electrocontact'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 )
	=	15.04	+	0.537
	=	15.58

Grupul Industrial Electrocontact'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 )
	=	14.934	+	0.506
	=	15.44

Grupul Industrial Electrocontact (BSE:ECT) Total Assets Explanation

Total Assets is connected with ROA %.

Grupul Industrial Electrocontact'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 )
	=	-0.21	/	( (15.577	+	15.44)	/ 2 )
	=	-0.21	/	15.5085
	=	-1.35 %

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.

Grupul Industrial Electrocontact'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 )
=	0.205	/	( (15.577	+	15.44)	/ 2 )
=	0.205	/	15.5085
=	0.01

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.

Grupul Industrial Electrocontact Total Assets Related Terms

Thank you for viewing the detailed overview of Grupul Industrial Electrocontact's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupul Industrial Electrocontact (BSE:ECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grupul Industrial Electrocontact SA (BSE:ECT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calea Nationala nr. 6, Botosani, ROU, 710010

Website

http://www.electrocontact.ro

Grupul Industrial Electrocontact S.A. provides solutions for equipment related to control and distribution for home and industrial use. Some of its products are electric explosion-proof equipment, proximity inductive & optoelectronic switches & junction.

Grupul Industrial Electrocontact (BSE:ECT) Headlines

No Headlines