CSN Mineracao (BSP:CMIN3) Total Assets : R$29,726 Mil (As of Mar. 2024)

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What is CSN Mineracao Total Assets?

CSN Mineracao's Total Assets for the quarter that ended in Mar. 2024 was R$29,726 Mil.

During the past 12 months, CSN Mineracao's average Total Assets Growth Rate was 8.50% per year. During the past 3 years, the average Total Assets Growth Rate was 6.10% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year.

During the past 7 years, CSN Mineracao's highest 3-Year average Total Assets Growth Rate was 7.20%. The lowest was 5.50%. And the median was 6.00%.

Total Assets is connected with ROA %. CSN Mineracao's annualized ROA % for the quarter that ended in Mar. 2024 was 7.51%. Total Assets is also linked to Revenue through Asset Turnover. CSN Mineracao's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

CSN Mineracao Total Assets Historical Data

The historical data trend for CSN Mineracao'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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CSN Mineracao Total Assets Chart

CSN Mineracao Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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15,877.95

19,622.41

26,991.13

25,053.60

29,690.61

CSN Mineracao Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															28,099.79	26,309.25	29,625.11	29,690.61	29,725.97

CSN Mineracao 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.

CSN Mineracao'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 )
	=	10698.697	+	18991.908
	=	29,691

CSN Mineracao's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	12084.406	+	17641.559
	=	29,726

CSN Mineracao (BSP:CMIN3) Total Assets Explanation

Total Assets is connected with ROA %.

CSN Mineracao's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	2231.752	/	( (29690.605	+	29725.965)	/ 2 )
	=	2231.752	/	29708.285
	=	7.51 %

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

CSN Mineracao's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	3510.759	/	( (29690.605	+	29725.965)	/ 2 )
=	3510.759	/	29708.285
=	0.12

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.

CSN Mineracao Total Assets Related Terms

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CSN Mineracao (BSP:CMIN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » CSN Mineracao SA (BSP:CMIN3) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Casa de Pedra, PO Box: 97, Congonhas, MG, BRA, 36415-000

Website

https://www.csn.com.br

CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others.

CSN Mineracao (BSP:CMIN3) Headlines

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