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Picanol NV (LTS:0FM2) Total Assets : €3,212 Mil (As of Jun. 2022)


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What is Picanol NV Total Assets?

Picanol NV's Total Assets for the quarter that ended in Jun. 2022 was €3,212 Mil.

Total Assets is connected with ROA %. Picanol NV's annualized ROA % for the quarter that ended in Jun. 2022 was 3.28%. Total Assets is also linked to Revenue through Asset Turnover. Picanol NV's Asset Turnover for the quarter that ended in Jun. 2022 was 0.55.


Picanol NV Total Assets Historical Data

The historical data trend for Picanol NV'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.

Picanol NV Total Assets Chart

Picanol NV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 777.69 2,819.30 2,777.90 2,762.70 3,032.00

Picanol NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 2,749.40 2,762.70 2,884.50 3,032.00 3,212.30

Picanol NV 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.

Picanol NV's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=1688.4+1343.6
=3,032

Picanol NV's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=1864.1+1348.2
=3,212

* 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.


Picanol NV  (LTS:0FM2) Total Assets Explanation

Total Assets is connected with ROA %.

Picanol NV's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=102.4/( (3032+3212.3)/ 2 )
=102.4/3122.15
=3.28 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) 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.

Picanol NV's Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=1707.3/( (3032+3212.3)/ 2 )
=1707.3/3122.15
=0.55

* 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.

Picanol NV Total Assets Related Terms

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Picanol NV (LTS:0FM2) Business Description

Traded in Other Exchanges
N/A
Address
Steverlyncklaan 15, Ieper, BEL, 8900
Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

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