IRCE SpA (MIL:IRC) Total Assets : €281.7 Mil (As of Sep. 2024)

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What is IRCE SpA Total Assets?

IRCE SpA's Total Assets for the quarter that ended in Sep. 2024 was €281.7 Mil.

During the past 12 months, IRCE SpA's average Total Assets Growth Rate was 12.30% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year. During the past 5 years, the average Total Assets Growth Rate was 2.50% per year. During the past 10 years, the average Total Assets Growth Rate was 0.20% per year.

During the past 13 years, IRCE SpA's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was -9.20%. And the median was 1.40%.

Total Assets is connected with ROA %. IRCE SpA's annualized ROA % for the quarter that ended in Sep. 2024 was 3.19%. Total Assets is also linked to Revenue through Asset Turnover. IRCE SpA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.35.

IRCE SpA Total Assets Historical Data

The historical data trend for IRCE 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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IRCE SpA Total Assets Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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209.35

209.37

256.32

250.76

243.79

IRCE SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															247.65	243.79	265.14	286.59	281.65

IRCE 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.

IRCE 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 )
	=	153.327	+	90.464
	=	243.8

IRCE SpA's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	152.875	+	128.777
	=	281.7

IRCE SpA (MIL:IRC) Total Assets Explanation

Total Assets is connected with ROA %.

IRCE SpA's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	9.06	/	( (286.59	+	281.652)	/ 2 )
	=	9.06	/	284.121
	=	3.19 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

IRCE SpA's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	98.177	/	( (286.59	+	281.652)	/ 2 )
=	98.177	/	284.121
=	0.35

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.

IRCE SpA Total Assets Related Terms

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IRCE SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IRCE SpA (MIL:IRC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

IRQ:Germany

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the revenue in terms of geographical segment.