Grupo TMM (Grupo TMM) Total Assets : $199.46 Mil (As of Mar. 2024)

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What is Grupo TMM Total Assets?

Grupo TMM's Total Assets for the quarter that ended in Mar. 2024 was $199.46 Mil.

During the past 12 months, Grupo TMM's average Total Assets Growth Rate was -4.10% per year. During the past 3 years, the average Total Assets Growth Rate was -6.20% per year. During the past 5 years, the average Total Assets Growth Rate was -2.80% per year. During the past 10 years, the average Total Assets Growth Rate was -14.30% per year.

During the past 13 years, Grupo TMM's highest 3-Year average Total Assets Growth Rate was 40.90%. The lowest was -37.30%. And the median was -1.00%.

Total Assets is connected with ROA %. Grupo TMM's annualized ROA % for the quarter that ended in Mar. 2024 was 1.18%. Total Assets is also linked to Revenue through Asset Turnover. Grupo TMM's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Grupo TMM Total Assets Historical Data

The historical data trend for Grupo TMM'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.

Grupo TMM Total Assets Chart

Grupo TMM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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241.98

202.62

180.96

179.60

196.88

Grupo TMM Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															191.48	197.05	199.15	196.88	199.46

Grupo TMM 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.

Grupo TMM'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 )
	=	115.504	+	81.37
	=	196.87

Grupo TMM's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	119.551	+	79.91
	=	199.46

Grupo TMM (OTCPK:GTMAY) Total Assets Explanation

Total Assets is connected with ROA %.

Grupo TMM's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	2.336	/	( (196.875	+	199.461)	/ 2 )
	=	2.336	/	198.168
	=	1.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Grupo TMM's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	20.74	/	( (196.875	+	199.461)	/ 2 )
=	20.74	/	198.168
=	0.10

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.

Grupo TMM Total Assets Related Terms

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Grupo TMM (Grupo TMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo TMM SA (OTCPK:GTMAY) » Definitions » Total Assets

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TMMA:Mexico

Address

Paseo de la Reforma No. 296, P.19. Colonia Juarez, Mexico, MEX, 06600

Website

https://www.tmm.com.mx

Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities and bonded warehouses.

Grupo TMM (Grupo TMM) Headlines

From GuruFocus

Grupo TMM Announces That Its 2020 Annual Report and First Quarter of 2021 Results Will Be Published in May

By Marketwired Marketwired • 04-29-2021

Grupo TMM Announces Changes in Its Organizational Structure

By Marketwired Marketwired • 01-13-2021

Grupo TMM Announces Changes in Its Organizational Structure

By GlobeNewswire GlobeNewswire • 01-13-2021

Vanessa Serrano Cuevas Acquires Shares by Donation

By GlobeNewswire GlobeNewswire • 01-19-2021

Grupo TMM Announces Appointment of Vanessa Serrano Cuevas as Its New Chief Executive Officer

By Marketwired Marketwired • 09-03-2020

Vanessa Serrano Cuevas Acquires Shares by Donation

By Marketwired Marketwired • 01-19-2021