Electro Cable Egypt (CAI:ELEC) Total Assets: E£3,281 Mil (As of Jun. 2023)


CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.09
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What is Electro Cable Egypt Total Assets?

Electro Cable Egypt CAI:ELEC -0.95% 8 Total Assets is E£3,281 Mil as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Electro Cable Egypt's Total Assets for the quarter that ended in Jun. 2023 was E£3,281 Mil.

Total Assets is connected with ROA %. Electro Cable Egypt's annualized ROA % for the quarter that ended in Jun. 2023 was 18.39%. Total Assets is also linked to Revenue through Asset Turnover. Electro Cable Egypt's Asset Turnover for the quarter that ended in Jun. 2023 was 0.38.

Electro Cable Egypt  (CAI:ELEC) Total Assets Explanation

Total Assets is connected with ROA %.

Electro Cable Egypt's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=564.188/( (2854.576+3281.01)/ 2 )
=564.188/3067.793
=18.39 %

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

Electro Cable Egypt's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=1167.993/( (2854.576+3281.01)/ 2 )
=1167.993/3067.793
=0.38

* 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.

Electro Cable Egypt Total Assets Related Terms

Electro Cable Egypt Total Assets Historical Data

* Premium members only.

The historical data trend for Electro Cable Egypt'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.

Electro Cable Egypt Total Assets Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
931.53 1,067.63 1,650.36 1,831.47 2,399.06

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
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 0.00 0.00 2,354.67 2,854.58 3,281.01
CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt 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.

Electro Cable Egypt's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=1076.525+2399.055
=3,476

Electro Cable Egypt'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 )
=1011.331+2269.679
=3,281

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of E£3,281 Mil mean?
Electro Cable Egypt (CAI:ELEC) has a Total Assets of E£3,281 Mil as of Jun. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Total Assets too high?
Electro Cable Egypt's current Total Assets is E£3,281 Mil. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Total Assets compare to competitors?
Electro Cable Egypt's Total Assets of E£3,281 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Electro Cable Egypt and its competitors. Electro Cable Egypt's current Total Assets is E£3,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Total Assets of E£3,281 Mil. The current Total Assets is E£3,281 Mil. Electro Cable Egypt's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Electro Cable Egypt (CAI:ELEC), the current Total Assets is E£3,281 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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