Newlat Food SpA (CHIX:NWLM) Total Assets : €862.7 Mil (As of Mar. 2024)

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What is Newlat Food SpA Total Assets?

Newlat Food SpA's Total Assets for the quarter that ended in Mar. 2024 was €862.7 Mil.

Warning Sign:

If a company builds assets at 31.9% a year, faster than its revenue growth rate of 17.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Newlat Food SpA's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 12.50% per year. During the past 5 years, the average Total Assets Growth Rate was 31.90% per year.

During the past 8 years, Newlat Food SpA's highest 3-Year average Total Assets Growth Rate was 47.40%. The lowest was -23.00%. And the median was 27.90%.

Total Assets is connected with ROA %. Newlat Food SpA's annualized ROA % for the quarter that ended in Mar. 2024 was 2.17%. Total Assets is also linked to Revenue through Asset Turnover. Newlat Food SpA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Newlat Food SpA Total Assets Historical Data

The historical data trend for Newlat Food 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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Newlat Food SpA Total Assets Chart

Newlat Food SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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261.74

537.10

834.90

809.10

817.60

Newlat Food SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															804.02	825.35	826.24	817.60	862.66

Newlat Food 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.

Newlat Food SpA'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 )
	=	174.658	+	642.946
	=	817.6

Newlat Food SpA's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	178.332	+	684.325
	=	862.7

Newlat Food SpA (CHIX:NWLm) Total Assets Explanation

Total Assets is connected with ROA %.

Newlat Food SpA's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	18.2	/	( (817.604	+	862.657)	/ 2 )
	=	18.2	/	840.1305
	=	2.17 %

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

Newlat Food SpA's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	199.572	/	( (817.604	+	862.657)	/ 2 )
=	199.572	/	840.1305
=	0.24

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.

Newlat Food SpA Total Assets Related Terms

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Newlat Food SpA (CHIX:NWLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newlat Food SpA (CHIX:NWLm) » Definitions » Total Assets

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Traded in Other Exchanges

NWL:Italy

Address

Via JF Kennedy 16, Reggio Emilia, ITA, 42124

Website

https://www.newlat.it

Newlat Food SpA is an Italy-based agro-food company. It is engaged in the processing, packaging, sale, and distribution of food and beverages. The company has various operating segments which include Pasta, Milk Products, Bakery Products, Dairy Products, Special Products, Instant noodles, and Other activities. The company operates in Italy, Germany, and other countries.

Newlat Food SpA (CHIX:NWLM) Headlines

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