Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Total Assets : R$39,444 Mil (As of Mar. 2024)

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What is Usinas Siderurgicas de Minas Gerais Total Assets?

Usinas Siderurgicas de Minas Gerais's Total Assets for the quarter that ended in Mar. 2024 was R$39,444 Mil.

During the past 12 months, Usinas Siderurgicas de Minas Gerais's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.80% per year. During the past 5 years, the average Total Assets Growth Rate was 8.70% per year. During the past 10 years, the average Total Assets Growth Rate was 2.60% per year.

During the past 13 years, Usinas Siderurgicas de Minas Gerais's highest 3-Year average Total Assets Growth Rate was 17.60%. The lowest was -5.00%. And the median was 3.20%.

Total Assets is connected with ROA %. Usinas Siderurgicas de Minas Gerais's annualized ROA % for the quarter that ended in Mar. 2024 was 0.14%. Total Assets is also linked to Revenue through Asset Turnover. Usinas Siderurgicas de Minas Gerais's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Usinas Siderurgicas de Minas Gerais Total Assets Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais'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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Usinas Siderurgicas de Minas Gerais Total Assets Chart

Usinas Siderurgicas de Minas Gerais Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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26,337.03

29,952.14

39,481.57

40,000.45

40,161.75

Usinas Siderurgicas de Minas Gerais 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															40,203.76	39,738.73	40,205.32	40,161.75	39,444.45

Usinas Siderurgicas de Minas Gerais 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.

Usinas Siderurgicas de Minas Gerais'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 )
	=	26549.437	+	13612.314
	=	40,162

Usinas Siderurgicas de Minas Gerais'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 )
	=	26558.354	+	12886.1
	=	39,444

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Total Assets Explanation

Total Assets is connected with ROA %.

Usinas Siderurgicas de Minas Gerais'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 )
	=	57.524	/	( (40161.751	+	39444.454)	/ 2 )
	=	57.524	/	39803.1025
	=	0.14 %

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.

Usinas Siderurgicas de Minas Gerais'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 )
=	6222.819	/	( (40161.751	+	39444.454)	/ 2 )
=	6222.819	/	39803.1025
=	0.16

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.

Usinas Siderurgicas de Minas Gerais Total Assets Related Terms

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Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (BSP:USIM3) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

USNZY:USA XUSIO:Spain XUSI:Spain U1S1:Germany USIM6:Brazil USIM5:Brazil

Address

Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260

Website

https://www.usiminas.com

Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

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