Acme United (FRA:UT1) Total Assets : €146.6 Mil (As of Mar. 2024)

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What is Acme United Total Assets?

Acme United's Total Assets for the quarter that ended in Mar. 2024 was €146.6 Mil.

Warning Sign:

If a company builds assets at 8.8% a year, faster than its revenue growth rate of 6.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Acme United's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 4.70% per year. During the past 5 years, the average Total Assets Growth Rate was 8.80% per year. During the past 10 years, the average Total Assets Growth Rate was 9.60% per year.

During the past 13 years, Acme United's highest 3-Year average Total Assets Growth Rate was 20.90%. The lowest was -13.60%. And the median was 5.60%.

Total Assets is connected with ROA %. Acme United's annualized ROA % for the quarter that ended in Mar. 2024 was 4.25%. Total Assets is also linked to Revenue through Asset Turnover. Acme United's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.

Acme United Total Assets Historical Data

The historical data trend for Acme United'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.

Acme United Total Assets Chart

Acme United Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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99.67

106.75

127.83

155.17

136.85

Acme United 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															147.08	149.37	146.42	136.85	146.63

Acme United 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.

Acme United'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 )
	=	89.773	+	47.082
	=	136.9

Acme United'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 )
	=	91.165	+	55.466
	=	146.6

Acme United (FRA:UT1) Total Assets Explanation

Total Assets is connected with ROA %.

Acme United'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 )
	=	6.02	/	( (136.854	+	146.631)	/ 2 )
	=	6.02	/	141.7425
	=	4.25 %

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.

Acme United'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 )
=	41.36	/	( (136.854	+	146.631)	/ 2 )
=	41.36	/	141.7425
=	0.29

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.

Acme United Total Assets Related Terms

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Acme United (FRA:UT1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Acme United Corp (FRA:UT1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ACU:USA

Address

1 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.acmeunited.com

Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.

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