Titan Cement International (XBRU:TITC) Total Assets : €3,211 Mil (As of Dec. 2023)

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What is Titan Cement International Total Assets?

Titan Cement International's Total Assets for the quarter that ended in Dec. 2023 was €3,211 Mil.

During the past 12 months, Titan Cement International's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 1.70% per year.

During the past 8 years, Titan Cement International's highest 3-Year average Total Assets Growth Rate was 5.90%. The lowest was -1.60%. And the median was -0.20%.

Total Assets is connected with ROA %. Titan Cement International's annualized ROA % for the quarter that ended in Dec. 2023 was 9.03%. Total Assets is also linked to Revenue through Asset Turnover. Titan Cement International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Titan Cement International Total Assets Historical Data

The historical data trend for Titan Cement International'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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Titan Cement International Total Assets Chart

Titan Cement International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,860.93

2,676.20

2,678.64

2,994.30

3,211.44

Titan Cement International Quarterly Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											2,994.30	2,999.24	3,081.61	3,211.44	-

Titan Cement International 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.

Titan Cement International'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 )
	=	1583.123	+	1628.317
	=	3,211

Titan Cement International'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 )
	=	1583.123	+	1628.317
	=	3,211

Titan Cement International (XBRU:TITC) Total Assets Explanation

Total Assets is connected with ROA %.

Titan Cement International's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	284.2	/	( (3081.609	+	3211.44)	/ 2 )
	=	284.2	/	3146.5245
	=	9.03 %

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

Titan Cement International's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	654.756	/	( (3081.609	+	3211.44)	/ 2 )
=	654.756	/	3146.5245
=	0.21

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.

Titan Cement International Total Assets Related Terms

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Titan Cement International (XBRU:TITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Titan Cement International SA (XBRU:TITC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TTCIF:USA TITC:Greece TCJ:Germany

Address

Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040

Website

https://www.titan-cement.com

Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International (XBRU:TITC) Headlines

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