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Manitowoc Co (STU:MNGN) Total Assets : €1,638 Mil (As of Mar. 2024)


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What is Manitowoc Co Total Assets?

Manitowoc Co's Total Assets for the quarter that ended in Mar. 2024 was €1,638 Mil.

During the past 12 months, Manitowoc Co's average Total Assets Growth Rate was 7.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.80% per year. During the past 10 years, the average Total Assets Growth Rate was -8.70% per year.

During the past 13 years, Manitowoc Co's highest 3-Year average Total Assets Growth Rate was 50.60%. The lowest was -28.30%. And the median was 6.95%.

Total Assets is connected with ROA %. Manitowoc Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.03%. Total Assets is also linked to Revenue through Asset Turnover. Manitowoc Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.


Manitowoc Co Total Assets Historical Data

The historical data trend for Manitowoc Co'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.

Manitowoc Co Total Assets Chart

Manitowoc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,455.93 1,318.08 1,571.05 1,525.03 1,565.04

Manitowoc Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,579.49 1,570.12 1,585.59 1,565.04 1,638.15

Manitowoc Co 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.

Manitowoc Co'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 )
=553.226+1011.818
=1,565

Manitowoc Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=548.32+1089.832
=1,638

* 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.


Manitowoc Co  (STU:MNGN) Total Assets Explanation

Total Assets is connected with ROA %.

Manitowoc Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=16.56/( (1565.044+1638.152)/ 2 )
=16.56/1601.598
=1.03 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Manitowoc Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=455.492/( (1565.044+1638.152)/ 2 )
=455.492/1601.598
=0.28

* 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.

Manitowoc Co Total Assets Related Terms

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Manitowoc Co (STU:MNGN) Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.

Manitowoc Co (STU:MNGN) Headlines

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