Comer Industries SpA's Total Assets for the quarter that ended in Dec. 2023 was €1,195 Mil.
Warning Sign:
If a company builds assets at 45.8% a year, faster than its revenue growth rate of 20.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Comer Industries SpA's average Total Assets Growth Rate was 2.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 61.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 45.80% per year.
During the past 9 years, Comer Industries SpA's highest 3-Year average Total Assets Growth Rate was 63.40%. The lowest was 0.90%. And the median was 32.45%.
The historical data trend for Comer Industries SpA'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.
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.
Comer Industries SpA's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Comer Industries SpA (FRA:X5Q) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (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.
Comer Industries SpA's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Comer Industries SpA Total Assets Related Terms
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Comer Industries SpA (FRA:X5Q) Business Description
Comer Industries SpA is engaged in the design and production of advanced engineering systems and mechatronic solutions for power transmission. It operates in the sectors of agricultural machinery, construction equipment and forestry, energy and industry. The products offered by the group include Gearboxes, Driveshafts, Powertrain, Planetary drives and Wheel drives.
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