VNE SpA (MIL:VNE) Total Assets : €29.62 Mil (As of Dec. 2023)

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What is VNE SpA Total Assets?

VNE SpA's Total Assets for the quarter that ended in Dec. 2023 was €29.62 Mil.

During the past 12 months, VNE SpA's average Total Assets Growth Rate was -4.50% per year.

Total Assets is connected with ROA %. VNE SpA's annualized ROA % for the quarter that ended in Dec. 2023 was -3.60%. Total Assets is also linked to Revenue through Asset Turnover. VNE SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.45.

VNE SpA Total Assets Historical Data

The historical data trend for VNE 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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VNE SpA Total Assets Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

18.61

30.38

29.62

VNE SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Total Assets	18.61	30.38	29.62

VNE 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.

VNE 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 )
	=	15.119	+	14.502
	=	29.62

VNE 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 )
	=	15.119	+	14.502
	=	29.62

VNE SpA (MIL:VNE) Total Assets Explanation

Total Assets is connected with ROA %.

VNE 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 )
	=	-1.079	/	( (30.379	+	29.62)	/ 2 )
	=	-1.079	/	29.9995
	=	-3.60 %

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.

VNE 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 )
=	13.482	/	( (30.379	+	29.62)	/ 2 )
=	13.482	/	29.9995
=	0.45

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.

VNE SpA Total Assets Related Terms

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VNE SpA (MIL:VNE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.