Corticeira Amorim SGPS's Total Assets for the quarter that ended in Dec. 2023 was €1,415.2 Mil.
During the past 12 months, Corticeira Amorim SGPS's average Total Assets Growth Rate was 13.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 13 years, Corticeira Amorim SGPS's highest 3-Year average Total Assets Growth Rate was 12.90%. The lowest was -3.60%. And the median was 3.00%.
* 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.
Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS (XLIS:COR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS Total Assets Related Terms
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Corticeira Amorim SGPS (XLIS:COR) Business Description
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.
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