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Cognex (MEX:CGNX) Total Assets : MXN40,626 Mil (As of Sep. 2024)


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What is Cognex Total Assets?

Cognex's Total Assets for the quarter that ended in Sep. 2024 was MXN40,626 Mil.

Warning Sign:

If a company builds assets at 13.2% a year, faster than its revenue growth rate of 4.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Cognex's average Total Assets Growth Rate was 20.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 13.20% per year. During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.

During the past 13 years, Cognex's highest 3-Year average Total Assets Growth Rate was 60.30%. The lowest was -5.50%. And the median was 10.85%.

Total Assets is connected with ROA %. Cognex's annualized ROA % for the quarter that ended in Sep. 2024 was 6.03%. Total Assets is also linked to Revenue through Asset Turnover. Cognex's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.


Cognex Total Assets Historical Data

The historical data trend for Cognex'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.

Cognex Total Assets Chart

Cognex 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 35,568.73 35,819.56 41,103.12 38,175.90 34,250.84

Cognex Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34,661.85 34,250.84 33,412.13 36,715.03 40,625.95

Cognex 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.

Cognex'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 )
=25542.034+8708.808
=34,251

Cognex's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=30855.212+9770.74
=40,626

* 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.


Cognex  (MEX:CGNX) Total Assets Explanation

Total Assets is connected with ROA %.

Cognex's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2330.624/( (36715.025+40625.952)/ 2 )
=2330.624/38670.4885
=6.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Cognex's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=4622.14/( (36715.025+40625.952)/ 2 )
=4622.14/38670.4885
=0.12

* 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.

Cognex Total Assets Related Terms

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Cognex Business Description

Traded in Other Exchanges
Address
One Vision Drive, Natick, MA, USA, 01760-2059
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the maximum proportion of its sales in the United States and Europe.