Miba AG (LTS:0F98) Total Assets : €789.7 Mil (As of Jul. 2015)

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

What is Miba AG Total Assets?

Miba AG's Total Assets for the quarter that ended in Jul. 2015 was €789.7 Mil.

During the past 12 months, Miba AG's average Total Assets Growth Rate was 15.00% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year. During the past 5 years, the average Total Assets Growth Rate was 12.30% per year.

During the past 6 years, Miba AG's highest 3-Year average Total Assets Growth Rate was 16.60%. The lowest was 6.90%. And the median was 8.90%.

Total Assets is connected with ROA %. Miba AG's annualized ROA % for the quarter that ended in Jul. 2015 was 8.34%. Total Assets is also linked to Revenue through Asset Turnover. Miba AG's Asset Turnover for the quarter that ended in Jul. 2015 was 0.24.

Miba AG Total Assets Historical Data

The historical data trend for Miba AG'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.

Miba AG Total Assets Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Total Assets

Get a 7-Day Free Trial

452.62

524.88

600.26

640.09

741.87

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Total Assets	Get a 7-Day Free Trial															681.08	711.08	741.87	771.78	789.66

Miba AG 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.

Miba AG's Total Assets for the fiscal year that ended in Jan. 2015 is calculated as

Total Assets	=	Total Equity (A: Jan. 2015 )	+	Total Liabilities (A: Jan. 2015 )
	=	421.976	+	319.891
	=	741.9

Miba AG's Total Assets for the quarter that ended in Jul. 2015 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2015 )	+	Total Liabilities (Q: Jul. 2015 )
	=	449.175	+	340.485
	=	789.7

Miba AG (LTS:0F98) Total Assets Explanation

Total Assets is connected with ROA %.

Miba AG's annualized ROA % for the quarter that ended in Jul. 2015 is

ROA %	=	Net Income (Q: Jul. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Jul. 2015 ))	/ count )
	=	65.096	/	( (771.777	+	789.66)	/ 2 )
	=	65.096	/	780.7185
	=	8.34 %

Note: The Net Income data used here is four times the quarterly (Jul. 2015) 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.

Miba AG's Asset Turnover for the quarter that ended in Jul. 2015 is

	Asset Turnover
=	Revenue (Q: Jul. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Jul. 2015 ))	/ count )
=	184.874	/	( (771.777	+	789.66)	/ 2 )
=	184.874	/	780.7185
=	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.

Miba AG Total Assets Related Terms

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

Miba AG (LTS:0F98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (LTS:0F98) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (LTS:0F98) Headlines

No Headlines