TrenDevice SpA (MIL:TD) Total Assets : €11.72 Mil (As of Jun. 2024)

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

What is TrenDevice SpA Total Assets?

TrenDevice SpA's Total Assets for the quarter that ended in Jun. 2024 was €11.72 Mil.

Warning Sign:

If a company builds assets at 37.7% a year, faster than its revenue growth rate of 28% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TrenDevice SpA's average Total Assets Growth Rate was -5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 25.40% per year. During the past 5 years, the average Total Assets Growth Rate was 37.70% per year.

During the past 6 years, TrenDevice SpA's highest 3-Year average Total Assets Growth Rate was 51.60%. The lowest was 25.40%. And the median was 38.20%.

Total Assets is connected with ROA %. TrenDevice SpA's annualized ROA % for the quarter that ended in Jun. 2024 was -19.14%. Total Assets is also linked to Revenue through Asset Turnover. TrenDevice SpA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.64.

TrenDevice SpA Total Assets Historical Data

The historical data trend for TrenDevice 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.

TrenDevice SpA Total Assets Chart

TrenDevice SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3.57

7.21

9.76

12.80

14.60

TrenDevice SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial							9.70	12.80	12.37	14.60	11.72

TrenDevice 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.

TrenDevice 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 )
	=	3.261	+	11.339
	=	14.60

TrenDevice 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 )
	=	1.999	+	9.72
	=	11.72

TrenDevice SpA (MIL:TD) Total Assets Explanation

Total Assets is connected with ROA %.

TrenDevice 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 )
	=	-2.518	/	( (14.6	+	11.718)	/ 2 )
	=	-2.518	/	13.159
	=	-19.14 %

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.

TrenDevice 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 )
=	8.389	/	( (14.6	+	11.718)	/ 2 )
=	8.389	/	13.159
=	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.

TrenDevice SpA Total Assets Related Terms

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

TrenDevice SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TrenDevice SpA (MIL:TD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Borgonuovo no 4, Milan, ITA

Website

https://www.trendevice.com

TrenDevice SpA is a retailer of consumer electronics such as mobiles, tablets, watches, airpods, and play stations. The company also focuses on instant buying of used hi-tech products; reconditioning of products through a process that guarantees high quality; resale of refurbished products; and sale of TrenDevice brand accessories.