Cofle SpA (MIL:CFL) Total Assets : €66.82 Mil (As of Dec. 2023)

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What is Cofle SpA Total Assets?

Cofle SpA's Total Assets for the quarter that ended in Dec. 2023 was €66.82 Mil.

During the past 12 months, Cofle SpA's average Total Assets Growth Rate was 15.00% per year. During the past 3 years, the average Total Assets Growth Rate was 17.80% per year.

During the past 5 years, Cofle SpA's highest 3-Year average Total Assets Growth Rate was 17.80%. The lowest was 17.40%. And the median was 17.60%.

Total Assets is connected with ROA %. Cofle SpA's annualized ROA % for the quarter that ended in Dec. 2023 was -0.88%. Total Assets is also linked to Revenue through Asset Turnover. Cofle SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.49.

Cofle SpA Total Assets Historical Data

The historical data trend for Cofle 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.

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Cofle SpA Total Assets Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

27.37

33.66

50.19

62.61

66.82

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				50.19	52.67	62.61	62.90	66.82

Cofle 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.

Cofle 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 )
	=	29.18	+	37.636
	=	66.82

Cofle 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 )
	=	29.18	+	37.636
	=	66.82

Cofle SpA (MIL:CFL) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.572	/	( (62.902	+	66.816)	/ 2 )
	=	-0.572	/	64.859
	=	-0.88 %

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

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	31.907	/	( (62.902	+	66.816)	/ 2 )
=	31.907	/	64.859
=	0.49

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.

Cofle SpA Total Assets Related Terms

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Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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