Vimi Fasteners SpA (MIL:VIM) Total Assets : €78.99 Mil (As of Jun. 2024)

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What is Vimi Fasteners SpA Total Assets?

Vimi Fasteners SpA's Total Assets for the quarter that ended in Jun. 2024 was €78.99 Mil.

During the past 12 months, Vimi Fasteners SpA's average Total Assets Growth Rate was -4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.70% per year.

During the past 9 years, Vimi Fasteners SpA's highest 3-Year average Total Assets Growth Rate was 26.90%. The lowest was -0.40%. And the median was 13.90%.

Total Assets is connected with ROA %. Vimi Fasteners SpA's annualized ROA % for the quarter that ended in Jun. 2024 was 1.11%. Total Assets is also linked to Revenue through Asset Turnover. Vimi Fasteners SpA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.38.

Vimi Fasteners SpA Total Assets Historical Data

The historical data trend for Vimi Fasteners 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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Vimi Fasteners SpA Total Assets Chart

Vimi Fasteners SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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67.42

63.23

62.10

61.53

76.53

Vimi Fasteners SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial											62.51	61.53	79.48	76.53	78.99

Vimi Fasteners 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.

Vimi Fasteners 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 )
	=	31.349	+	45.183
	=	76.53

Vimi Fasteners 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 )
	=	31.777	+	47.214
	=	78.99

Vimi Fasteners SpA (MIL:VIM) Total Assets Explanation

Total Assets is connected with ROA %.

Vimi Fasteners 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 )
	=	0.866	/	( (76.532	+	78.991)	/ 2 )
	=	0.866	/	77.7615
	=	1.11 %

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.

Vimi Fasteners 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 )
=	29.467	/	( (76.532	+	78.991)	/ 2 )
=	29.467	/	77.7615
=	0.38

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.

Vimi Fasteners SpA Total Assets Related Terms

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Vimi Fasteners SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vimi Fasteners SpA (MIL:VIM) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017

Website

http://www.vimifasteners.com

Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

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