Magnit PJSC (MIC:MGNT) Total Assets: ₽1,400,140 Mil (As of Jun. 2023)


MIC:MGNT Magnit PJSC MIC:MGNT
17 GF Score
Price ₽1,789.00
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What is Magnit PJSC Total Assets?

Magnit PJSC MIC:MGNT +0.28% 17 Total Assets is ₽1,400,140 Mil as of Jun. 2023. GuruFocus rates MIC:MGNT with a GF Score™ of 17/100.

Magnit PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽1,400,140 Mil.

Total Assets is connected with ROA %. Magnit PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 4.87%. Total Assets is also linked to Revenue through Asset Turnover. Magnit PJSC's Asset Turnover for the quarter that ended in Jun. 2023 was 0.88.

Magnit PJSC  (MIC:MGNT) Total Assets Explanation

Total Assets is connected with ROA %.

Magnit PJSC's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=68031.842/( (1395998.44+1400140.169)/ 2 )
=68031.842/1398069.3045
=4.87 %

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

Magnit PJSC's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=1229455.981/( (1395998.44+1400140.169)/ 2 )
=1229455.981/1398069.3045
=0.88

* 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.

Magnit PJSC Total Assets Related Terms

Magnit PJSC Total Assets Historical Data

* Premium members only.

The historical data trend for Magnit PJSC'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.

Magnit PJSC Total Assets Chart

Magnit PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 883,215.57 948,689.32 945,392.21 1,209,760.26 1,395,998.44

Magnit PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1,032,945.33 1,209,760.26 1,207,532.35 1,395,998.44 1,400,140.17
MIC:MGNT
17GF Score
Magnit PJSC MIC:MGNT
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnit PJSC 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.

Magnit PJSC's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=207382.304+1188616.136
=1,395,998

Magnit PJSC's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=240397.403+1159742.766
=1,400,140

* 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 ₽1,400,140 Mil mean?
Magnit PJSC (MIC:MGNT) has a Total Assets of ₽1,400,140 Mil as of Jun. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Magnit PJSC and its competitors.
Is Magnit PJSC's Total Assets too high?
Magnit PJSC's current Total Assets is ₽1,400,140 Mil. Overall, Magnit PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnit PJSC's Total Assets compare to WMT and COST?
Magnit PJSC's Total Assets of ₽1,400,140 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Total Assets depends on the Retail - Defensive 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 Magnit PJSC and its competitors. Magnit PJSC's current Total Assets is ₽1,400,140 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnit PJSC stock overvalued right now?
Magnit PJSC (MIC:MGNT) has a current Total Assets of ₽1,400,140 Mil. The current Total Assets is ₽1,400,140 Mil. Magnit PJSC's overall GF Score™ is 17/100. 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 Magnit PJSC (MIC:MGNT), the current Total Assets is ₽1,400,140 Mil as of Jun. 2023. 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.

Magnit PJSC Business Description

Address 15/5, Solnechnaya Street, Krasnodar, RUS, 350072
Magnit PJSC operates in the retail and distribution of consumer goods under the Magnit, the DIXY, and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets, and others. The Group's business operations are located in the Russian Federation and relate mainly to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets, and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.
17GF Score

Get the complete analysis for MIC:MGNT

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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