Karelia Tobacco Co (ATH:KARE) Total Assets : €859 Mil (As of Sep. 2023)

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What is Karelia Tobacco Co Total Assets?

Karelia Tobacco Co's Total Assets for the quarter that ended in Sep. 2023 was €859 Mil.

Warning Sign:

If a company builds assets at 10.7% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Karelia Tobacco Co's average Total Assets Growth Rate was 11.40% per year. During the past 3 years, the average Total Assets Growth Rate was 10.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.70% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, Karelia Tobacco Co's highest 3-Year average Total Assets Growth Rate was 24.40%. The lowest was -13.00%. And the median was 8.55%.

Total Assets is connected with ROA %. Karelia Tobacco Co's annualized ROA % for the quarter that ended in Sep. 2023 was 13.78%. Total Assets is also linked to Revenue through Asset Turnover. Karelia Tobacco Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.43.

Karelia Tobacco Co Total Assets Historical Data

The historical data trend for Karelia Tobacco Co'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.

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Karelia Tobacco Co Total Assets Chart

Karelia Tobacco Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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586.15

619.48

625.88

710.27

798.21

Karelia Tobacco Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															806.66	798.21	810.75	821.14	858.60

Karelia Tobacco Co 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.

Karelia Tobacco Co'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 )
	=	659.117	+	139.089
	=	798

Karelia Tobacco Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	698.48	+	160.121
	=	859

Karelia Tobacco Co (ATH:KARE) Total Assets Explanation

Total Assets is connected with ROA %.

Karelia Tobacco Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	115.732	/	( (821.141	+	858.601)	/ 2 )
	=	115.732	/	839.871
	=	13.78 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Karelia Tobacco Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	364.149	/	( (821.141	+	858.601)	/ 2 )
=	364.149	/	839.871
=	0.43

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.

Karelia Tobacco Co Total Assets Related Terms

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Karelia Tobacco Co (ATH:KARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Karelia Tobacco Co Inc SA (ATH:KARE) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Athinon Street, Kalamata, GRC, 24100

Website

https://www.karelia.gr

Karelia Tobacco Co Inc SA is in the business of manufacture, export, and wholesale of tobacco products such as cigarettes, cigars, hand-rolling cigarettes and other duty-free tobacco products. The firm's flagship brands include George Karelias and Sons, Slims, Ome, Karelia blue and American Legend. Its geographical segment includes Greece and International. The company derives a majority of revenue from Greece segment.

Karelia Tobacco Co (ATH:KARE) Headlines

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