Simone SpA (FRA:2KX) Total Assets : €26.87 Mil (As of Jun. 2024)

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What is Simone SpA Total Assets?

Simone SpA's Total Assets for the quarter that ended in Jun. 2024 was €26.87 Mil.

During the past 12 months, Simone SpA's average Total Assets Growth Rate was 7.30% per year.

Total Assets is connected with ROA %. Simone SpA's annualized ROA % for the quarter that ended in Jun. 2024 was 2.34%. Total Assets is also linked to Revenue through Asset Turnover. Simone SpA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.31.

Simone SpA Total Assets Historical Data

The historical data trend for Simone 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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Simone SpA Total Assets Chart

Simone SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

19.43

23.67

27.96

Simone SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Total Assets	19.43	23.67	25.05	27.96	26.87

Simone 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.

Simone 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 )
	=	13.976	+	13.978
	=	27.95

Simone 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 )
	=	14.201	+	12.667
	=	26.87

Simone SpA (FRA:2KX) Total Assets Explanation

Total Assets is connected with ROA %.

Simone 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 )
	=	0.642	/	( (27.955	+	26.868)	/ 2 )
	=	0.642	/	27.4115
	=	2.34 %

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.

Simone 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 )
=	8.538	/	( (27.955	+	26.868)	/ 2 )
=	8.538	/	27.4115
=	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.

Simone SpA Total Assets Related Terms

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Simone SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simone SpA (FRA:2KX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SMN:Italy

Address

Via Riviera di Chiaia 256, Napoli, ITA, 80121

Website

https://www.edizioni.simone.it

Simone SpA is a publishing company based in Naples, Italy. It mainly publishes educational materials and textbooks.

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