Res SpA (MIL:RES) Total Assets : €53.21 Mil (As of Dec. 2023)

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What is Res SpA Total Assets?

Res SpA's Total Assets for the quarter that ended in Dec. 2023 was €53.21 Mil.

During the past 12 months, Res SpA's average Total Assets Growth Rate was 41.80% per year.

Total Assets is connected with ROA %. Res SpA's annualized ROA % for the quarter that ended in Dec. 2023 was 4.78%. Total Assets is also linked to Revenue through Asset Turnover. Res SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Res SpA Total Assets Historical Data

The historical data trend for Res 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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Res SpA Total Assets Chart

Res SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

27.62

32.36

53.21

Res SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	27.62	27.44	32.36	41.80	53.21

Res 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.

Res 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 )
	=	14.542	+	38.669
	=	53.21

Res 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 )
	=	14.542	+	38.669
	=	53.21

Res SpA (MIL:RES) Total Assets Explanation

Total Assets is connected with ROA %.

Res 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 )
	=	2.27	/	( (41.796	+	53.211)	/ 2 )
	=	2.27	/	47.5035
	=	4.78 %

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.

Res 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 )
=	9.641	/	( (41.796	+	53.211)	/ 2 )
=	9.641	/	47.5035
=	0.20

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.

Res SpA Total Assets Related Terms

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Res SpA (MIL:RES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Res SpA (MIL:RES) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pettoranello del Molise, Zona Industriale, ITA, 86090

Website

https://www.recuperoeticosostenibile.it

Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.