Mycronic AB (Mycronic AB) Total Assets : $867.7 Mil (As of Mar. 2024)

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What is Mycronic AB Total Assets?

Mycronic AB's Total Assets for the quarter that ended in Mar. 2024 was $867.7 Mil.

Warning Sign:

If a company builds assets at 13.7% a year, faster than its revenue growth rate of 8.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mycronic AB's average Total Assets Growth Rate was 3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 15.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.70% per year. During the past 10 years, the average Total Assets Growth Rate was 24.50% per year.

During the past 13 years, Mycronic AB's highest 3-Year average Total Assets Growth Rate was 58.60%. The lowest was -8.40%. And the median was 2.30%.

Total Assets is connected with ROA %. Mycronic AB's annualized ROA % for the quarter that ended in Mar. 2024 was 22.36%. Total Assets is also linked to Revenue through Asset Turnover. Mycronic AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Mycronic AB Total Assets Historical Data

The historical data trend for Mycronic AB'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.

Mycronic AB Total Assets Chart

Mycronic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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508.88

636.01

675.06

707.27

813.06

Mycronic AB 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															725.26	708.79	708.27	813.06	867.71

Mycronic AB 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.

Mycronic AB'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 )
	=	515.033	+	298.023
	=	813.1

Mycronic AB'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 )
	=	560.353	+	307.358
	=	867.7

Mycronic AB (OTCPK:MICLF) Total Assets Explanation

Total Assets is connected with ROA %.

Mycronic AB'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 )
	=	187.872	/	( (813.056	+	867.711)	/ 2 )
	=	187.872	/	840.3835
	=	22.36 %

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.

Mycronic AB'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 )
=	162.516	/	( (813.056	+	867.711)	/ 2 )
=	162.516	/	840.3835
=	0.19

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.

Mycronic AB Total Assets Related Terms

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Mycronic AB (Mycronic AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (OTCPK:MICLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MYCR:Sweden 0MQG:UK MLT:Germany

Address

Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03

Website

https://www.mycronic.com

Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.