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Arteche Lantegi Elekartea (XMAD:ART) Total Assets : €327.8 Mil (As of Dec. 2023)


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What is Arteche Lantegi Elekartea Total Assets?

Arteche Lantegi Elekartea's Total Assets for the quarter that ended in Dec. 2023 was €327.8 Mil.

During the past 12 months, Arteche Lantegi Elekartea's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 11.10% per year.

During the past 5 years, Arteche Lantegi Elekartea's highest 3-Year average Total Assets Growth Rate was 11.10%. The lowest was 6.40%. And the median was 8.75%.

Total Assets is connected with ROA %. Arteche Lantegi Elekartea's annualized ROA % for the quarter that ended in Dec. 2023 was 4.71%. Total Assets is also linked to Revenue through Asset Turnover. Arteche Lantegi Elekartea's Asset Turnover for the quarter that ended in Dec. 2023 was 0.65.

Arteche Lantegi Elekartea Total Assets Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Total Assets Chart

Arteche Lantegi Elekartea Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
237.77 226.30 285.32 319.44 327.75

Arteche Lantegi Elekartea Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only 285.32 305.73 319.44 332.27 327.75

Arteche Lantegi Elekartea 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.

Arteche Lantegi Elekartea'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 )
=73.91+253.842
=327.8

Arteche Lantegi Elekartea's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=73.91+253.842
=327.8

* 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.

Arteche Lantegi Elekartea  (XMAD:ART) Total Assets Explanation

Total Assets is connected with ROA %.

Arteche Lantegi Elekartea's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=15.556/( (332.266+327.752)/ 2 )
=15.556/330.009
=4.71 %

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.

Arteche Lantegi Elekartea's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=213.21/( (332.266+327.752)/ 2 )
=213.21/330.009
=0.65

* 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.

Arteche Lantegi Elekartea Total Assets Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Total Assets
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IST:OSMEN IST:INFO IST:UNLU IST:ISMEN IST:GEDIK IST:ATLAS IST:GLBMD IST:A1CAP IST:TERA APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL TSE:6762
Traded in Other Exchanges
N/A
Address
Derio Bidea 28, Bizkaia, Mungia, ESP, 48100
Website
https://www.arteche.com
Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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