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Nuevo Continente (BUE:NCON) Total Assets : ARS3,847.4 Mil (As of Jan. 2024)


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What is Nuevo Continente Total Assets?

Nuevo Continente's Total Assets for the quarter that ended in Jan. 2024 was ARS3,847.4 Mil.

Warning Sign:

If a company builds assets at 55.4% a year, faster than its revenue growth rate of 30.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nuevo Continente's average Total Assets Growth Rate was 178.00% per year. During the past 3 years, the average Total Assets Growth Rate was 51.40% per year. During the past 5 years, the average Total Assets Growth Rate was 55.40% per year. During the past 10 years, the average Total Assets Growth Rate was 58.40% per year.

During the past 13 years, Nuevo Continente's highest 3-Year average Total Assets Growth Rate was 131.90%. The lowest was -32.70%. And the median was 30.70%.

Total Assets is connected with ROA %. Nuevo Continente's annualized ROA % for the quarter that ended in Jan. 2024 was 47.86%. Total Assets is also linked to Revenue through Asset Turnover. Nuevo Continente's Asset Turnover for the quarter that ended in Jan. 2024 was 0.03.


Nuevo Continente Total Assets Historical Data

The historical data trend for Nuevo Continente'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.

Nuevo Continente Total Assets Chart

Nuevo Continente Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.96 498.70 813.60 1,655.51 1,629.42

Nuevo Continente Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,088.15 1,324.53 1,629.42 1,858.54 3,847.39

Nuevo Continente 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.

Nuevo Continente's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=1231.604+397.813
=1,629.4

Nuevo Continente's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=2639.329+1208.056
=3,847.4

* 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.


Nuevo Continente  (BUE:NCON) Total Assets Explanation

Total Assets is connected with ROA %.

Nuevo Continente's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=1365.46/( (1858.537+3847.385)/ 2 )
=1365.46/2852.961
=47.86 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) 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.

Nuevo Continente's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=79.612/( (1858.537+3847.385)/ 2 )
=79.612/2852.961
=0.03

* 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.

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.

Nuevo Continente Total Assets Related Terms

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Nuevo Continente (BUE:NCON) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Paseo Colon 439, Piso 5, Buenos Aires, ARG, C1063ACE
Website
Nuevo Continente SA invests in the real estate segment. The company rents and invests in commercial properties and premises located in the Federal Capital and other provinces.

Nuevo Continente (BUE:NCON) Headlines

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