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Minutor Energia (WAR:MTE) Total Assets : zł35.67 Mil (As of Sep. 2023)


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What is Minutor Energia Total Assets?

Minutor Energia's Total Assets for the quarter that ended in Sep. 2023 was zł35.67 Mil.

During the past 12 months, Minutor Energia's average Total Assets Growth Rate was -15.80% per year. During the past 3 years, the average Total Assets Growth Rate was 140.10% per year. During the past 5 years, the average Total Assets Growth Rate was 45.10% per year.

During the past 6 years, Minutor Energia's highest 3-Year average Total Assets Growth Rate was 140.10%. The lowest was -13.20%. And the median was -4.40%.

Total Assets is connected with ROA %. Minutor Energia's annualized ROA % for the quarter that ended in Sep. 2023 was -4.58%. Total Assets is also linked to Revenue through Asset Turnover. Minutor Energia's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.


Minutor Energia Total Assets Historical Data

The historical data trend for Minutor Energia'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.

Minutor Energia Total Assets Chart

Minutor Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial 3.11 3.36 2.29 2.84 41.96

Minutor Energia Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 42.28 41.63 39.97 42.26 35.67

Minutor Energia 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.

Minutor Energia's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=35.58+6.378
=41.96

Minutor Energia's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=29.627+6.039
=35.67

* 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.


Minutor Energia  (WAR:MTE) Total Assets Explanation

Total Assets is connected with ROA %.

Minutor Energia's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-1.784/( (42.262+35.666)/ 2 )
=-1.784/38.964
=-4.58 %

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

Minutor Energia's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.581/( (42.262+35.666)/ 2 )
=0.581/38.964
=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.

Minutor Energia Total Assets Related Terms

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Minutor Energia (WAR:MTE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Miko?owska 26 / 1A, Myslowice, POL, 41-400
Minutor Energia SA is engaged in the construction of renewable energy sources so that they can supply your homes and companies with green electricity and heat. The company's services include Photovoltaics for the home, Photovoltaics for business, Photovoltaics for the farmer, Solar farms, Heat pumps and Energy storage.

Minutor Energia (WAR:MTE) Headlines

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