AA Tech SpA (MIL:AAT) Total Assets : €10.31 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is AA Tech SpA Total Assets?

AA Tech SpA's Total Assets for the quarter that ended in Dec. 2023 was €10.31 Mil.

During the past 12 months, AA Tech SpA's average Total Assets Growth Rate was 28.00% per year.

Total Assets is connected with ROA %. AA Tech SpA's annualized ROA % for the quarter that ended in Dec. 2023 was -2.46%. Total Assets is also linked to Revenue through Asset Turnover. AA Tech SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

AA Tech SpA Total Assets Historical Data

The historical data trend for AA Tech SpA'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.

AA Tech SpA Total Assets Chart

AA Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

5.42

8.14

10.31

AA Tech SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Total Assets	5.42	8.14	10.31

AA Tech SpA 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.

AA Tech SpA'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 )
	=	4.901	+	5.414
	=	10.32

AA Tech SpA'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 )
	=	4.901	+	5.414
	=	10.32

AA Tech SpA (MIL:AAT) Total Assets Explanation

Total Assets is connected with ROA %.

AA Tech SpA's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.227	/	( (8.139	+	10.314)	/ 2 )
	=	-0.227	/	9.2265
	=	-2.46 %

Note: The Net Income data used here is one times the 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.

AA Tech SpA's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1.757	/	( (8.139	+	10.314)	/ 2 )
=	1.757	/	9.2265
=	0.19

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.

AA Tech SpA Total Assets Related Terms

Thank you for viewing the detailed overview of AA Tech SpA's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

AA Tech SpA (MIL:AAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Giovanni Lanza 57, Fondi, ITA, 04022

Website

https://www.aatech.it

AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.