Arras Group SpA (MIL:AGU) Total Assets : €5.02 Mil (As of Dec. 2022)

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What is Arras Group SpA Total Assets?

Arras Group SpA's Total Assets for the quarter that ended in Dec. 2022 was €5.02 Mil.

During the past 12 months, Arras Group SpA's average Total Assets Growth Rate was 562.70% per year.

Total Assets is connected with ROA %. Arras Group SpA's annualized ROA % for the quarter that ended in Dec. 2022 was -33.30%. Total Assets is also linked to Revenue through Asset Turnover. Arras Group SpA's Asset Turnover for the quarter that ended in Dec. 2022 was 0.02.

Arras Group SpA Total Assets Historical Data

The historical data trend for Arras Group SpA'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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Arras Group SpA Total Assets Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Total Assets

0.76

5.02

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Total Assets	0.76	5.02

Arras Group SpA 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.

Arras Group SpA'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 )
	=	-0.405	+	5.425
	=	5.02

Arras Group SpA's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	-0.405	+	5.425
	=	5.02

Arras Group SpA (MIL:AGU) Total Assets Explanation

Total Assets is connected with ROA %.

Arras Group SpA's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	-0.962	/	( (0.757	+	5.02)	/ 2 )
	=	-0.962	/	2.8885
	=	-33.30 %

Note: The Net Income data used here is one times the annual (Dec. 2022) 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.

Arras Group SpA's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	0.066	/	( (0.757	+	5.02)	/ 2 )
=	0.066	/	2.8885
=	0.02

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.

Arras Group SpA Total Assets Related Terms

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Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.