Porto Aviation Group SpA (MIL:PAG) Total Assets : €5.66 Mil (As of Dec. 2023)

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What is Porto Aviation Group SpA Total Assets?

Porto Aviation Group SpA's Total Assets for the quarter that ended in Dec. 2023 was €5.66 Mil.

During the past 12 months, Porto Aviation Group SpA's average Total Assets Growth Rate was 20.70% per year.

Total Assets is connected with ROA %. Porto Aviation Group SpA's annualized ROA % for the quarter that ended in Dec. 2023 was 4.21%. Total Assets is also linked to Revenue through Asset Turnover. Porto Aviation Group SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.64.

Porto Aviation Group SpA Total Assets Historical Data

The historical data trend for Porto Aviation Group 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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Porto Aviation Group SpA Total Assets Chart

Porto Aviation Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

3.89

3.75

5.66

Porto Aviation Group SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Total Assets	3.89	3.75	5.66

Porto Aviation Group 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.

Porto Aviation Group 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 )
	=	3.197	+	2.467
	=	5.66

Porto Aviation Group 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 )
	=	3.197	+	2.467
	=	5.66

Porto Aviation Group SpA (MIL:PAG) Total Assets Explanation

Total Assets is connected with ROA %.

Porto Aviation Group 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 )
	=	0.198	/	( (3.746	+	5.664)	/ 2 )
	=	0.198	/	4.705
	=	4.21 %

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.

Porto Aviation Group 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 )
=	3.009	/	( (3.746	+	5.664)	/ 2 )
=	3.009	/	4.705
=	0.64

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.

Porto Aviation Group SpA Total Assets Related Terms

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Porto Aviation Group SpA (MIL:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

M2N:Germany

Address

Via Confalonieri 22, Cremella, Lecco, ITA, 23894

Website

https://www.portoaviationgroup.com

Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.