Seri Industrial (LTS:0Q98) Total Assets : €443.0 Mil (As of Dec. 2023)

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What is Seri Industrial Total Assets?

Seri Industrial's Total Assets for the quarter that ended in Dec. 2023 was €443.0 Mil.

Warning Sign:

If a company builds assets at 9.9% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Seri Industrial's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.90% per year. During the past 10 years, the average Total Assets Growth Rate was 22.80% per year.

During the past 13 years, Seri Industrial's highest 3-Year average Total Assets Growth Rate was 89.80%. The lowest was -17.90%. And the median was 10.30%.

Total Assets is connected with ROA %. Seri Industrial's annualized ROA % for the quarter that ended in Dec. 2023 was -2.47%. Total Assets is also linked to Revenue through Asset Turnover. Seri Industrial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Seri Industrial Total Assets Historical Data

The historical data trend for Seri Industrial'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.

Seri Industrial Total Assets Chart

Seri Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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293.31

311.32

346.05

368.89

442.96

Seri Industrial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															346.05	341.78	368.89	362.93	442.96

Seri Industrial 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.

Seri Industrial'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 )
	=	130.587	+	312.368
	=	443.0

Seri Industrial's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	130.587	+	312.368
	=	443.0

Seri Industrial (LTS:0Q98) Total Assets Explanation

Total Assets is connected with ROA %.

Seri Industrial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-9.958	/	( (362.93	+	442.955)	/ 2 )
	=	-9.958	/	402.9425
	=	-2.47 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Seri Industrial's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	81.462	/	( (362.93	+	442.955)	/ 2 )
=	81.462	/	402.9425
=	0.20

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.

Seri Industrial Total Assets Related Terms

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Seri Industrial (LTS:0Q98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Seri Industrial (LTS:0Q98) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SERI:Italy PCHP:Germany

Address

via Provinciale per Gioia Sannitica, San Potito Sannitico, Caserta, ITA, 81016

Website

https://www.seri-industrial.it

Seri Industrial is a financial holding company. It researches, markets and designs the production of energy from renewable sources including wind and solar power. The company offers lead and lithium batteries for traction, stationary, and automotive applications. It also produces lids, boxes, and accessories for industrial, traction, and stationary batteries, as well as for the automotive sector.

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