MYNAY (Mynaric AG) Total Assets: $129.87 Mil (As of Dec. 2023)


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What is Mynaric AG Total Assets?

Mynaric AG MYNAY -96.00% 10 Total Assets is $129.87 Mil as of Dec. 2023. GuruFocus rates MYNAY with a GF Score™ of 10/100.

Mynaric AG's Total Assets for the quarter that ended in Dec. 2023 was $129.87 Mil.

Total Assets is connected with ROA %. Mynaric AG's annualized ROA % for the quarter that ended in Dec. 2023 was -100.84%. Total Assets is also linked to Revenue through Asset Turnover. Mynaric AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Mynaric AG  (OTCPK:MYNAY) Total Assets Explanation

Total Assets is connected with ROA %.

Mynaric AG's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-133.226/( (134.373+129.865)/ 2 )
=-133.226/132.119
=-100.84 %

Note: The Net Income data used here is two times the semi-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.

Mynaric AG's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.049/( (134.373+129.865)/ 2 )
=1.049/132.119
=0.01

* 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.

Mynaric AG Total Assets Related Terms

Mynaric AG Total Assets Historical Data

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The historical data trend for Mynaric AG'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.

Mynaric AG Total Assets Chart

Mynaric AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 36.34 105.32 122.07 85.09 129.87

Mynaric AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.07 103.14 85.09 134.37 129.87
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Mynaric AG 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.

Mynaric AG'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 )
=-53.748+183.613
=129.87

Mynaric AG'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 )
=-53.748+183.613
=129.87

* 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 $129.87 Mil mean?
Mynaric AG (MYNAY) has a Total Assets of $129.87 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Mynaric AG and its competitors.
Is Mynaric AG's Total Assets too high?
Mynaric AG's current Total Assets is $129.87 Mil. Overall, Mynaric AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Mynaric AG's Total Assets compare to CSCO and MSI?
Mynaric AG's Total Assets of $129.87 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Assets depends on the Hardware 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 Mynaric AG and its competitors. Mynaric AG's current Total Assets is $129.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mynaric AG stock overvalued right now?
Mynaric AG (MYNAY) has a current Total Assets of $129.87 Mil. The current Total Assets is $129.87 Mil. Mynaric AG's overall GF Score™ is 10/100. 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 Mynaric AG (MYNAY), the current Total Assets is $129.87 Mil as of Dec. 2023. 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.

Mynaric AG Business Description

Address Bertha-Kipfmuller-Strasse 2-8, Munich, BY, DEU, 81249
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.
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