Soitec's Total Assets for the quarter that ended in Sep. 2023 was €2,439 Mil.
Warning Sign:
If a company builds assets at 31.9% a year, faster than its revenue growth rate of 22.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Soitec's average Total Assets Growth Rate was 24.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 26.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 31.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 13 years, Soitec's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -22.30%. And the median was 6.30%.
Total Assets is connected with ROA %. Soitec's annualizedROA % for the quarter that ended in Sep. 2023 was 6.55%. Total Assets is also linked to Revenue through Asset Turnover. Soitec's Asset Turnover for the quarter that ended in Sep. 2023 was 0.17.
Soitec Total Assets Historical Data
The historical data trend for Soitec'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.
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.
Soitec's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Note:
The Net Income data used here is two times the semi-annual (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.
Soitec's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Soitec Total Assets Related Terms
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Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.
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