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Nexi SpA (MIL:NEXI) Total Assets : €25,050 Mil (As of Jun. 2023)


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What is Nexi SpA Total Assets?

Nexi SpA's Total Assets for the quarter that ended in Jun. 2023 was €25,050 Mil.

Warning Sign:

If a company builds assets at 39.1% a year, faster than its revenue growth rate of 16.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nexi SpA's average Total Assets Growth Rate was 6.10% per year. During the past 3 years, the average Total Assets Growth Rate was 69.10% per year. During the past 5 years, the average Total Assets Growth Rate was 39.10% per year.

During the past 8 years, Nexi SpA's highest 3-Year average Total Assets Growth Rate was 69.10%. The lowest was -1.60%. And the median was 32.70%.

Total Assets is connected with ROA %. Nexi SpA's annualized ROA % for the quarter that ended in Jun. 2023 was 0.26%. Total Assets is also linked to Revenue through Asset Turnover. Nexi SpA's Asset Turnover for the quarter that ended in Jun. 2023 was 0.11.


Nexi SpA Total Assets Historical Data

The historical data trend for Nexi 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.

* Premium members only.

Nexi SpA Total Assets Chart

Nexi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 5,288.29 6,286.10 25,205.71 25,475.46 26,360.94

Nexi SpA Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 25,205.71 23,880.72 25,475.46 25,050.48 26,360.94

Nexi SpA 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.

Nexi SpA's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=12237.737+13237.724
=25,475

Nexi SpA's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=12205.57+12844.91
=25,050

* 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.


Nexi SpA  (MIL:NEXI) Total Assets Explanation

Total Assets is connected with ROA %.

Nexi SpA's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=64.926/( (25475.461+25050.48)/ 2 )
=64.926/25262.9705
=0.26 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Nexi SpA's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=2777.447/( (25475.461+25050.48)/ 2 )
=2777.447/25262.9705
=0.11

* 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.

Nexi SpA Total Assets Related Terms

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Nexi SpA (MIL:NEXI) Business Description

Address
Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.

Nexi SpA (MIL:NEXI) Headlines

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