GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Total Assets

Mit Sim SpA (MIL:MTS) Total Assets : €4.97 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Mit Sim SpA Total Assets?

Mit Sim SpA's Total Assets for the quarter that ended in Jun. 2024 was €4.97 Mil.

During the past 12 months, Mit Sim SpA's average Total Assets Growth Rate was 4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 30.60% per year.

During the past 5 years, Mit Sim SpA's highest 3-Year average Total Assets Growth Rate was 38.80%. The lowest was 30.60%. And the median was 34.70%.

Total Assets is connected with ROA %. Mit Sim SpA's annualized ROA % for the quarter that ended in Jun. 2024 was 10.37%. Total Assets is also linked to Revenue through Asset Turnover. Mit Sim SpA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.51.


Mit Sim SpA Total Assets Historical Data

The historical data trend for Mit Sim 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.

Mit Sim SpA Total Assets Chart

Mit Sim SpA Annual Data
Trend Mar19 Mar20 Dec21 Dec22 Dec23
Total Assets
1.00 1.15 4.32 4.29 4.18

Mit Sim SpA Semi-Annual Data
Mar19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 4.66 4.29 4.26 4.18 4.97

Mit Sim 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.

Mit Sim 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 )
=2.749+1.427
=4.18

Mit Sim SpA's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=2.986+1.983
=4.97

* 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.


Mit Sim SpA  (MIL:MTS) Total Assets Explanation

Total Assets is connected with ROA %.

Mit Sim SpA's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.474/( (4.176+4.969)/ 2 )
=0.474/4.5725
=10.37 %

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

Mit Sim SpA's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.35/( (4.176+4.969)/ 2 )
=2.35/4.5725
=0.51

* 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.

Mit Sim SpA Total Assets Related Terms

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


Mit Sim SpA Business Description

Traded in Other Exchanges
N/A
Address
Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121
Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value 05-11-2021