Industria Automotriz de CV (MEX:IASASA) Total Assets: MXN760.42 Mil (As of Jun. 2011)


What is Industria Automotriz de CV Total Assets?

Industria Automotriz de CV MEX:IASASA Total Assets is MXN760.42 Mil as of Jun. 2011.

Industria Automotriz de CV's Total Assets for the quarter that ended in Jun. 2011 was MXN760.42 Mil.

Total Assets is connected with ROA %. Industria Automotriz de CV's annualized ROA % for the quarter that ended in Jun. 2011 was 1.83%. Total Assets is also linked to Revenue through Asset Turnover. Industria Automotriz de CV's Asset Turnover for the quarter that ended in Jun. 2011 was 0.01.

Industria Automotriz de CV  (MEX:IASASA) Total Assets Explanation

Total Assets is connected with ROA %.

Industria Automotriz de CV's annualized ROA % for the quarter that ended in Jun. 2011 is

ROA %=Net Income (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=13.968/( (769.355+760.424)/ 2 )
=13.968/764.8895
=1.83 %

Note: The Net Income data used here is four times the quarterly (Jun. 2011) 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.

Industria Automotriz de CV's Asset Turnover for the quarter that ended in Jun. 2011 is

Asset Turnover
=Revenue (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=9.682/( (769.355+760.424)/ 2 )
=9.682/764.8895
=0.01

* 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.

Industria Automotriz de CV Total Assets Related Terms

Industria Automotriz de CV Total Assets Historical Data

* Premium members only.

The historical data trend for Industria Automotriz de CV'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.

Industria Automotriz de CV Total Assets Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Total Assets
802.76 791.30 773.64

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Total Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.00 774.36 769.36 760.42

Industria Automotriz de CV 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.

Industria Automotriz de CV's Total Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (A: Dec. 2009 )+Total Liabilities (A: Dec. 2009 )
=-107.82+881.46
=773.64

Industria Automotriz de CV's Total Assets for the quarter that ended in Jun. 2011 is calculated as

Total Assets=Total Equity (Q: Jun. 2011 )+Total Liabilities (Q: Jun. 2011 )
=-177.624+938.048
=760.42

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of MXN760.42 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Total Assets of MXN760.42 Mil as of Jun. 2011. The total amount of assets as recorded on a company's balance sheet. View historical data on Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Total Assets too high?
Industria Automotriz de CV's current Total Assets is MXN760.42 Mil.
How does Industria Automotriz de CV's Total Assets compare to CSHEF and AMTY?
Industria Automotriz de CV's Total Assets of MXN760.42 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Vehicles & Parts company?
A good Total Assets depends on the Vehicles & Parts industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Total Assets is MXN760.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Total Assets of MXN760.42 Mil. The current Total Assets is MXN760.42 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Industria Automotriz de CV (MEX:IASASA), the current Total Assets is MXN760.42 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.