Novolipetsk Steel PJSC (MIC:NLMK) Total Assets: ₽899,124 Mil (As of Dec. 2021)


MIC:NLMK Novolipetsk Steel PJSC MIC:NLMK
17 GF Score
Price ₽58.22
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What is Novolipetsk Steel PJSC Total Assets?

Novolipetsk Steel PJSC MIC:NLMK -1.52% 17 Total Assets is ₽899,124 Mil as of Dec. 2021. GuruFocus rates MIC:NLMK with a GF Score™ of 17/100.

Novolipetsk Steel PJSC's Total Assets for the quarter that ended in Dec. 2021 was ₽899,124 Mil.

Total Assets is connected with ROA %. Novolipetsk Steel PJSC's annualized ROA % for the quarter that ended in Dec. 2021 was 42.90%. Total Assets is also linked to Revenue through Asset Turnover. Novolipetsk Steel PJSC's Asset Turnover for the quarter that ended in Dec. 2021 was 0.39.

Novolipetsk Steel PJSC  (MIC:NLMK) Total Assets Explanation

Total Assets is connected with ROA %.

Novolipetsk Steel PJSC's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=378547.188/( (865463.571+899123.51)/ 2 )
=378547.188/882293.5405
=42.90 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

Novolipetsk Steel PJSC's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=342319.041/( (865463.571+899123.51)/ 2 )
=342319.041/882293.5405
=0.39

* 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.

Novolipetsk Steel PJSC Total Assets Related Terms

Novolipetsk Steel PJSC Total Assets Historical Data

* Premium members only.

The historical data trend for Novolipetsk Steel 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.

Novolipetsk Steel PJSC Total Assets Chart

Novolipetsk Steel PJSC 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 633,027.63 691,318.83 649,705.01 734,936.00 899,123.51

Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 734,936.00 755,396.60 831,624.23 865,463.57 899,123.51
MIC:NLMK
17GF Score
Novolipetsk Steel PJSC MIC:NLMK
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Novolipetsk Steel 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.

Novolipetsk Steel PJSC'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 )
=476289.257+422834.253
=899,124

Novolipetsk Steel PJSC's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (Q: Dec. 2021 )+Total Liabilities (Q: Dec. 2021 )
=476289.257+422834.253
=899,124

* 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 ₽899,124 Mil mean?
Novolipetsk Steel PJSC (MIC:NLMK) has a Total Assets of ₽899,124 Mil as of Dec. 2021. The total amount of assets as recorded on a company's balance sheet. View historical data on Novolipetsk Steel PJSC and its competitors.
Is Novolipetsk Steel PJSC's Total Assets too high?
Novolipetsk Steel PJSC's current Total Assets is ₽899,124 Mil. Overall, Novolipetsk Steel PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novolipetsk Steel PJSC's Total Assets compare to NUE and STLD?
Novolipetsk Steel PJSC's Total Assets of ₽899,124 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Assets depends on the Steel 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 Novolipetsk Steel PJSC and its competitors. Novolipetsk Steel PJSC's current Total Assets is ₽899,124 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novolipetsk Steel PJSC stock overvalued right now?
Novolipetsk Steel PJSC (MIC:NLMK) has a current Total Assets of ₽899,124 Mil. The current Total Assets is ₽899,124 Mil. Novolipetsk Steel 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 Novolipetsk Steel PJSC (MIC:NLMK), the current Total Assets is ₽899,124 Mil as of Dec. 2021. 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.

Novolipetsk Steel PJSC Business Description

Address 2, Metallurgov Sq., Lipetsk, RUS, 398040
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.
17GF Score

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

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