Karo Leather (XPRA:KARIN) Total Assets : Kč814.4 Mil (As of Dec. 2023)

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What is Karo Leather Total Assets?

Karo Leather's Total Assets for the quarter that ended in Dec. 2023 was Kč814.4 Mil.

During the past 12 months, Karo Leather's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was 25.40% per year.

During the past 6 years, Karo Leather's highest 3-Year average Total Assets Growth Rate was 100.60%. The lowest was 25.40%. And the median was 63.00%.

Total Assets is connected with ROA %. Karo Leather's annualized ROA % for the quarter that ended in Dec. 2023 was -2.37%. Total Assets is also linked to Revenue through Asset Turnover. Karo Leather's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.

Karo Leather Total Assets Historical Data

The historical data trend for Karo Leather'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.

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Karo Leather Total Assets Chart

Karo Leather Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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109.42

421.74

708.33

812.02

814.42

Karo Leather Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial			109.42	421.74	708.33	812.02	814.42

Karo Leather 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.

Karo Leather'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 )
	=	324.809	+	489.606
	=	814.4

Karo Leather'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 )
	=	324.809	+	489.606
	=	814.4

Karo Leather (XPRA:KARIN) Total Assets Explanation

Total Assets is connected with ROA %.

Karo Leather's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-19.301	/	( (812.015	+	814.415)	/ 2 )
	=	-19.301	/	813.215
	=	-2.37 %

Note: The Net Income data used here is one times the 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.

Karo Leather's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	316.691	/	( (812.015	+	814.415)	/ 2 )
=	316.691	/	813.215
=	0.39

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.

Karo Leather Total Assets Related Terms

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Karo Leather (XPRA:KARIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karo Leather (XPRA:KARIN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rohanske nabrezi 642/35, Prague, CZE, 186 00

Website

https://www.karo-leather.com

Karo Leather is engaged in machine processing and trading of leather for the furniture industry and selling of cowhides. Its products include sells buffalo, cowhide products; and upholstery leather. It markets products in European Union countries, especially Poland.

Karo Leather (XPRA:KARIN) Headlines

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