Engineering Industries (CAI:ENGC) Total Assets : E£6,278 Mil (As of Jun. 2024)

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What is Engineering Industries Total Assets?

Engineering Industries's Total Assets for the quarter that ended in Jun. 2024 was E£6,278 Mil.

During the past 12 months, Engineering Industries's average Total Assets Growth Rate was 88.10% per year.

Total Assets is connected with ROA %. Engineering Industries's annualized ROA % for the quarter that ended in Jun. 2024 was 10.49%. Total Assets is also linked to Revenue through Asset Turnover. Engineering Industries's Asset Turnover for the quarter that ended in Jun. 2024 was 0.25.

Engineering Industries Total Assets Historical Data

The historical data trend for Engineering Industries'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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Engineering Industries Total Assets Chart

Engineering Industries Annual Data

Trend

Dec22

Dec23

Total Assets

2,226.71

4,303.45

Engineering Industries Quarterly Data
	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial			-	-	4,303.45	5,786.09	6,277.53

Engineering Industries 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.

Engineering Industries'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 )
	=	1515.811	+	4303.454
	=	5,819

Engineering Industries's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	1889.058	+	6277.53
	=	8,167

Engineering Industries (CAI:ENGC) Total Assets Explanation

Total Assets is connected with ROA %.

Engineering Industries's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	632.7	/	( (5786.091	+	6277.53)	/ 2 )
	=	632.7	/	6031.8105
	=	10.49 %

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

Engineering Industries's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	1517.613	/	( (5786.091	+	6277.53)	/ 2 )
=	1517.613	/	6031.8105
=	0.25

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.

Engineering Industries Total Assets Related Terms

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Engineering Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Engineering Industries (CAI:ENGC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wadi Houf, Icon Industrial Zone, Helwan, EGY

Website

http://www.iconegypt.com

Engineering Industries manufactures steel-sheets and related products. It offers sandwich steel panels, caravans, guard rails, purlins, pre-fabricated units and corrugated sheets, galvanized tubes and pipes, and aluminum windows and doors. Some of the company projects include Dorra Contracting, Orascom, Talaat Mostafa, and others.