Ringmetall SE (XTER:HP3A) Total Assets : €146.4 Mil (As of Jun. 2024)

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What is Ringmetall SE Total Assets?

Ringmetall SE's Total Assets for the quarter that ended in Jun. 2024 was €146.4 Mil.

During the past 12 months, Ringmetall SE's average Total Assets Growth Rate was 2.40% per year. During the past 3 years, the average Total Assets Growth Rate was 8.20% per year. During the past 5 years, the average Total Assets Growth Rate was 10.00% per year. During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.

During the past 13 years, Ringmetall SE's highest 3-Year average Total Assets Growth Rate was 33.80%. The lowest was -7.10%. And the median was 12.00%.

Total Assets is connected with ROA %. Ringmetall SE's annualized ROA % for the quarter that ended in Jun. 2024 was 9.02%. Total Assets is also linked to Revenue through Asset Turnover. Ringmetall SE's Asset Turnover for the quarter that ended in Jun. 2024 was 0.65.

Ringmetall SE Total Assets Historical Data

The historical data trend for Ringmetall SE'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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Ringmetall SE Total Assets Chart

Ringmetall SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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100.00

103.55

123.90

131.34

131.98

Ringmetall SE Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															142.87	131.34	139.16	131.98	146.41

Ringmetall SE 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.

Ringmetall SE'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 )
	=	79.217	+	52.765
	=	132.0

Ringmetall SE's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	83.482	+	62.931
	=	146.4

Ringmetall SE (XTER:HP3A) Total Assets Explanation

Total Assets is connected with ROA %.

Ringmetall SE's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	12.554	/	( (131.982	+	146.413)	/ 2 )
	=	12.554	/	139.1975
	=	9.02 %

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

Ringmetall SE's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	90.804	/	( (131.982	+	146.413)	/ 2 )
=	90.804	/	139.1975
=	0.65

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.

Ringmetall SE Total Assets Related Terms

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Ringmetall SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ringmetall SE (XTER:HP3A) » Definitions » Total Assets

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Traded in Other Exchanges

HP3:Germany HP3A:Germany

Address

Innere Wiener Street 9, Munich, BY, DEU, 81667

Website

https://www.ringmetall.de

Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.

Executives

Christoph Petri

Board of Directors

Ringmetall SE Headlines

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