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Sicit Group SpA (MIL:SICT) Total Assets : €124.54 Mil (As of Dec. 2020)


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What is Sicit Group SpA Total Assets?

Sicit Group SpA's Total Assets for the quarter that ended in Dec. 2020 was €124.54 Mil.

Total Assets is connected with ROA %. Sicit Group SpA's annualized ROA % for the quarter that ended in Dec. 2020 was 9.52%. Total Assets is also linked to Revenue through Asset Turnover. Sicit Group SpA's Asset Turnover for the quarter that ended in Dec. 2020 was 0.24.


Sicit Group SpA Total Assets Historical Data

The historical data trend for Sicit 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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Sicit Group SpA Total Assets Chart

Sicit Group SpA Annual Data
Trend Dec16 Dec17 Jun18 Dec19 Dec20
Total Assets
65.47 73.44 152.32 108.59 124.54

Sicit Group SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Total Assets Get a 7-Day Free Trial 82.03 147.90 108.59 107.78 124.54

Sicit 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.

Sicit Group SpA's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=87.882+36.662
=124.54

Sicit Group SpA's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=87.882+36.662
=124.54

* 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.


Sicit Group SpA  (MIL:SICT) Total Assets Explanation

Total Assets is connected with ROA %.

Sicit Group SpA's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=11.054/( (107.782+124.544)/ 2 )
=11.054/116.163
=9.52 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) 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.

Sicit Group SpA's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=27.649/( (107.782+124.544)/ 2 )
=27.649/116.163
=0.24

* 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.

Sicit Group SpA Total Assets Related Terms

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Sicit Group SpA (MIL:SICT) Business Description

Traded in Other Exchanges
N/A
Address
Via del Lavoro 114, Arzignano, ITA, 36071
Sicit Group SpA is engaged in transforming the processed residues from leather tanning into protein hydrolysates, used as biostimulants for agriculture and retardants for the plaster industry. The company supplies its products in the agrochemical and industrial sectors. Geographically, it has a presence in APAC; the Americas, and the Rest of the world.

Sicit Group SpA (MIL:SICT) Headlines

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