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Morixe Hermanos (BUE:MORI) Total Assets : ARS60,559 Mil (As of Mar. 2024)


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What is Morixe Hermanos Total Assets?

Morixe Hermanos's Total Assets for the quarter that ended in Mar. 2024 was ARS60,559 Mil.

Warning Sign:

If a company builds assets at 140.5% a year, faster than its revenue growth rate of 80.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Morixe Hermanos's average Total Assets Growth Rate was 272.60% per year. During the past 3 years, the average Total Assets Growth Rate was 117.70% per year. During the past 5 years, the average Total Assets Growth Rate was 140.50% per year. During the past 10 years, the average Total Assets Growth Rate was 68.80% per year.

During the past 13 years, Morixe Hermanos's highest 3-Year average Total Assets Growth Rate was 189.70%. The lowest was 1.90%. And the median was 24.60%.

Total Assets is connected with ROA %. Morixe Hermanos's annualized ROA % for the quarter that ended in Mar. 2024 was 5.28%. Total Assets is also linked to Revenue through Asset Turnover. Morixe Hermanos's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.


Morixe Hermanos Total Assets Historical Data

The historical data trend for Morixe Hermanos'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.

* Premium members only.

Morixe Hermanos Total Assets Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 711.31 2,092.42 4,761.11 6,268.22 21,835.28

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,162.98 19,950.13 22,820.54 - 60,558.83

Morixe Hermanos 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.

Morixe Hermanos's Total Assets for the fiscal year that ended in May. 2022 is calculated as

Total Assets=Total Equity (A: May. 2022 )+Total Liabilities (A: May. 2022 )
=7411.976+14423.303
=21,835

Morixe Hermanos'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 )
=27566.781+32992.045
=60,559

* 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.


Morixe Hermanos  (BUE:MORI) Total Assets Explanation

Total Assets is connected with ROA %.

Morixe Hermanos'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 )
=3197.052/( (0+60558.826)/ 1 )
=3197.052/60558.826
=5.28 %

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.

Morixe Hermanos'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 )
=20993.484/( (0+60558.826)/ 1 )
=20993.484/60558.826
=0.35

* 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.

Morixe Hermanos Total Assets Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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