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AZ Electronic Materials (LSE:ZEMA) Total Assets : £846.07 Mil (As of Dec. 2013)


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What is AZ Electronic Materials Total Assets?

AZ Electronic Materials's Total Assets for the quarter that ended in Dec. 2013 was £846.07 Mil.

During the past 12 months, AZ Electronic Materials's average Total Assets Growth Rate was -13.60% per year.

Total Assets is connected with ROA %. AZ Electronic Materials's annualized ROA % for the quarter that ended in Dec. 2013 was 3.61%. Total Assets is also linked to Revenue through Asset Turnover. AZ Electronic Materials's Asset Turnover for the quarter that ended in Dec. 2013 was 0.25.


AZ Electronic Materials Total Assets Historical Data

The historical data trend for AZ Electronic Materials'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.

AZ Electronic Materials Total Assets Chart

AZ Electronic Materials Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets
1,602.78 1,098.03 1,097.37 970.47 846.07

AZ Electronic Materials Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Total Assets Get a 7-Day Free Trial 1,097.37 1,064.81 970.47 915.90 846.07

AZ Electronic Materials 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.

AZ Electronic Materials's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=427.488+418.582
=846.07

AZ Electronic Materials's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=427.488+418.582
=846.07

* 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.


AZ Electronic Materials  (LSE:ZEMA) Total Assets Explanation

Total Assets is connected with ROA %.

AZ Electronic Materials's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=31.842/( (915.9+846.07)/ 2 )
=31.842/880.985
=3.61 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2013) 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.

AZ Electronic Materials's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=223.626/( (915.9+846.07)/ 2 )
=223.626/880.985
=0.25

* 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.

AZ Electronic Materials Total Assets Related Terms

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AZ Electronic Materials (LSE:ZEMA) Business Description

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Address
AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

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