MOOV (Moove Lubricants Holdings) Total Assets: $1,638.49 Mil (As of Jun. 2024)


What is Moove Lubricants Holdings Total Assets?

Moove Lubricants Holdings MOOV Total Assets is $1,638.49 Mil as of Jun. 2024.

Moove Lubricants Holdings's Total Assets for the quarter that ended in Jun. 2024 was $1,638.49 Mil.

Total Assets is connected with ROA %. Moove Lubricants Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 5.43%. Total Assets is also linked to Revenue through Asset Turnover. Moove Lubricants Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.57.

Moove Lubricants Holdings  (NYSE:MOOV) Total Assets Explanation

Total Assets is connected with ROA %.

Moove Lubricants Holdings'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 )
=88.21/( (1607.737+1638.489)/ 2 )
=88.21/1623.113
=5.43 %

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.

Moove Lubricants Holdings'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 )
=932.921/( (1607.737+1638.489)/ 2 )
=932.921/1623.113
=0.57

* 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.

Moove Lubricants Holdings Total Assets Related Terms

Moove Lubricants Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Total Assets Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.00 1,696.93 1,607.74

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Total Assets 0.00 1,696.93 0.00 1,607.74 1,638.49

Moove Lubricants Holdings 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.

Moove Lubricants Holdings'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 )
=462.154+1145.584
=1,607.74

Moove Lubricants Holdings'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 )
=320.097+1318.391
=1,638.49

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1,638.49 Mil mean?
Moove Lubricants Holdings (MOOV) has a Total Assets of $1,638.49 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Total Assets too high?
Moove Lubricants Holdings' current Total Assets is $1,638.49 Mil.
How does Moove Lubricants Holdings' Total Assets compare to ?
Moove Lubricants Holdings' Total Assets of $1,638.49 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Chemicals company?
A good Total Assets depends on the Chemicals industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Total Assets is $1,638.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Total Assets of $1,638.49 Mil. The current Total Assets is $1,638.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Moove Lubricants Holdings (MOOV), the current Total Assets is $1,638.49 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moove Lubricants Holdings Business Description

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Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.