GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » inTest Corp (FRA:IN9) » Definitions » Total Assets

inTest (FRA:IN9) Total Assets : €146.8 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is inTest Total Assets?

inTest's Total Assets for the quarter that ended in Mar. 2024 was €146.8 Mil.

Warning Sign:

If a company builds assets at 16.4% a year, faster than its revenue growth rate of 11.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, inTest's average Total Assets Growth Rate was 34.80% per year. During the past 3 years, the average Total Assets Growth Rate was 20.10% per year. During the past 5 years, the average Total Assets Growth Rate was 16.40% per year. During the past 10 years, the average Total Assets Growth Rate was 24.00% per year.

During the past 13 years, inTest's highest 3-Year average Total Assets Growth Rate was 97.80%. The lowest was -17.90%. And the median was 1.70%.

Total Assets is connected with ROA %. inTest's annualized ROA % for the quarter that ended in Mar. 2024 was 1.80%. Total Assets is also linked to Revenue through Asset Turnover. inTest's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.


inTest Total Assets Historical Data

The historical data trend for inTest'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.

* Premium members only.

inTest Total Assets Chart

inTest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.74 50.99 91.96 103.90 123.64

inTest 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 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 106.02 122.63 126.10 123.64 146.77

inTest 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.

inTest'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 )
=88.29+35.349
=123.6

inTest'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 )
=91.372+55.393
=146.8

* 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.


inTest  (FRA:IN9) Total Assets Explanation

Total Assets is connected with ROA %.

inTest'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 )
=2.436/( (123.638+146.765)/ 2 )
=2.436/135.2015
=1.80 %

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.

inTest'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 )
=27.438/( (123.638+146.765)/ 2 )
=27.438/135.2015
=0.20

* 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.

inTest Total Assets Related Terms

Thank you for viewing the detailed overview of inTest's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


inTest (FRA:IN9) Business Description

Traded in Other Exchanges
Address
804 East Gate Drive, Suite 200, Mount Laurel, NJ, USA, 08054
inTest Corp is a supplier of test and process solutions for use in manufacturing and testing across a range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications. The company manages its business as two operating segments, Thermal Products and Electromechanical Semiconductor Products. The Thermal segment includes designing, manufacturing and selling thermal test and thermal process products. The Electromechanical Semiconductor Products segment includes designing, manufacturing and selling semiconductor test products.

inTest (FRA:IN9) Headlines

No Headlines