Sika AG's Total Assets for the quarter that ended in Dec. 2023 was CHF15,051 Mil.
Warning Sign:
If a company builds assets at 15.8% a year, faster than its revenue growth rate of 9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sika AG's average Total Assets Growth Rate was 52.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 13 years, Sika AG's highest 3-Year average Total Assets Growth Rate was 31.40%. The lowest was 1.50%. And the median was 6.70%.
Total Assets is connected with ROA %. Sika AG's annualizedROA % for the quarter that ended in Dec. 2023 was 8.27%. Total Assets is also linked to Revenue through Asset Turnover. Sika AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.37.
Sika AG Total Assets Historical Data
The historical data trend for Sika AG'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.
Sika AG's Total Assets for the fiscal year that ended in Dec. 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 (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.
Sika AG's Asset Turnover for the quarter that ended in Dec. 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.
Sika AG Total Assets Related Terms
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Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.
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