Danieli & C. Officine Meccaniche SpA (CHIX:DANRM) Total Assets : €7,494 Mil (As of Jun. 2024)

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What is Danieli & C. Officine Meccaniche SpA Total Assets?

Danieli & C. Officine Meccaniche SpA's Total Assets for the quarter that ended in Jun. 2024 was €7,494 Mil.

During the past 12 months, Danieli & C. Officine Meccaniche SpA's average Total Assets Growth Rate was 12.40% per year. During the past 3 years, the average Total Assets Growth Rate was 8.70% per year. During the past 5 years, the average Total Assets Growth Rate was 7.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 13 years, Danieli & C. Officine Meccaniche SpA's highest 3-Year average Total Assets Growth Rate was 26.80%. The lowest was -2.60%. And the median was 3.40%.

Total Assets is connected with ROA %. Danieli & C. Officine Meccaniche SpA's annualized ROA % for the quarter that ended in Jun. 2024 was 3.86%. Total Assets is also linked to Revenue through Asset Turnover. Danieli & C. Officine Meccaniche SpA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.31.

Danieli & C. Officine Meccaniche SpA Total Assets Historical Data

The historical data trend for Danieli & C. Officine Meccaniche SpA'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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Danieli & C. Officine Meccaniche SpA Total Assets Chart

Danieli & C. Officine Meccaniche SpA Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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5,075.23

5,451.47

6,184.32

6,540.94

7,493.78

Danieli & C. Officine Meccaniche SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															6,184.32	6,281.01	6,540.94	7,205.15	7,493.78

Danieli & C. Officine Meccaniche SpA 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.

Danieli & C. Officine Meccaniche SpA's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	2628.82	+	4864.955
	=	7,494

Danieli & C. Officine Meccaniche SpA'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 )
	=	2628.82	+	4864.955
	=	7,494

Danieli & C. Officine Meccaniche SpA (CHIX:DANRm) Total Assets Explanation

Total Assets is connected with ROA %.

Danieli & C. Officine Meccaniche SpA's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	284.046	/	( (7205.149	+	7493.775)	/ 2 )
	=	284.046	/	7349.462
	=	3.86 %

Note: The Net Income data used here is two times the semi-annual (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.

Danieli & C. Officine Meccaniche SpA's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	2277.166	/	( (7205.149	+	7493.775)	/ 2 )
=	2277.166	/	7349.462
=	0.31

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.

Danieli & C. Officine Meccaniche SpA Total Assets Related Terms

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Danieli & C. Officine Meccaniche SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Danieli & C. Officine Meccaniche SpA (CHIX:DANRm) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DANR:Italy DAN:Italy DANm:UK 0N4I:UK 0APM:UK DAS:Germany

Address

Via Nazionale 41, Buttrio, Udine, ITA, 33042

Website

https://www.danieli.com

Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.

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