Mills Locacao Servicos e Logistica (BSP:MILS3) Total Assets : R$2,740 Mil (As of Dec. 2023)

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What is Mills Locacao Servicos e Logistica Total Assets?

Mills Locacao Servicos e Logistica's Total Assets for the quarter that ended in Dec. 2023 was R$2,740 Mil.

During the past 12 months, Mills Locacao Servicos e Logistica's average Total Assets Growth Rate was 21.30% per year. During the past 3 years, the average Total Assets Growth Rate was 26.00% per year. During the past 5 years, the average Total Assets Growth Rate was 16.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.80% per year.

During the past 13 years, Mills Locacao Servicos e Logistica's highest 3-Year average Total Assets Growth Rate was 81.40%. The lowest was -12.70%. And the median was 10.10%.

Total Assets is connected with ROA %. Mills Locacao Servicos e Logistica's annualized ROA % for the quarter that ended in Dec. 2023 was 11.77%. Total Assets is also linked to Revenue through Asset Turnover. Mills Locacao Servicos e Logistica's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Mills Locacao Servicos e Logistica Total Assets Historical Data

The historical data trend for Mills Locacao Servicos e Logistica'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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Mills Locacao Servicos e Logistica Total Assets Chart

Mills Locacao Servicos e Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,375.89

1,475.39

1,449.95

2,588.44

2,740.41

Mills Locacao Servicos e Logistica 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															2,640.39	2,657.41	2,755.34	2,740.41	-

Mills Locacao Servicos e Logistica 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.

Mills Locacao Servicos e Logistica'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 )
	=	1461.62	+	1278.785
	=	2,740

Mills Locacao Servicos e Logistica'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 )
	=	1461.62	+	1278.785
	=	2,740

Mills Locacao Servicos e Logistica (BSP:MILS3) Total Assets Explanation

Total Assets is connected with ROA %.

Mills Locacao Servicos e Logistica's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	323.528	/	( (2755.343	+	2740.405)	/ 2 )
	=	323.528	/	2747.874
	=	11.77 %

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

Mills Locacao Servicos e Logistica's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	367.255	/	( (2755.343	+	2740.405)	/ 2 )
=	367.255	/	2747.874
=	0.13

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.

Mills Locacao Servicos e Logistica Total Assets Related Terms

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Mills Locacao Servicos e Logistica (BSP:MILS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Locacao Servicos e Logistica SA (BSP:MILS3) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002

Website

https://ri.mills.com.br

Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

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