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Chemring Group (STU:CMN1) Total Assets : €717.8 Mil (As of Apr. 2024)


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What is Chemring Group Total Assets?

Chemring Group's Total Assets for the quarter that ended in Apr. 2024 was €717.8 Mil.

During the past 12 months, Chemring Group's average Total Assets Growth Rate was -1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was -3.40% per year.

During the past 13 years, Chemring Group's highest 3-Year average Total Assets Growth Rate was 45.30%. The lowest was -16.30%. And the median was 11.70%.

Total Assets is connected with ROA %. Chemring Group's annualized ROA % for the quarter that ended in Apr. 2024 was 5.44%. Total Assets is also linked to Revenue through Asset Turnover. Chemring Group's Asset Turnover for the quarter that ended in Apr. 2024 was 0.37.


Chemring Group Total Assets Historical Data

The historical data trend for Chemring Group'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.

Chemring Group Total Assets Chart

Chemring Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 570.21 597.65 627.61 713.61 687.93

Chemring Group Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 714.21 713.61 713.47 687.93 717.84

Chemring Group 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.

Chemring Group's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=436.589+251.341
=687.9

Chemring Group's Total Assets for the quarter that ended in Apr. 2024 is calculated as

Total Assets=Total Equity (Q: Apr. 2024 )+Total Liabilities (Q: Apr. 2024 )
=409.31+308.528
=717.8

* 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.


Chemring Group  (STU:CMN1) Total Assets Explanation

Total Assets is connected with ROA %.

Chemring Group's annualized ROA % for the quarter that ended in Apr. 2024 is

ROA %=Net Income (Q: Apr. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Apr. 2024 ))/ count )
=38.26/( (687.93+717.838)/ 2 )
=38.26/702.884
=5.44 %

Note: The Net Income data used here is two times the semi-annual (Apr. 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.

Chemring Group's Asset Turnover for the quarter that ended in Apr. 2024 is

Asset Turnover
=Revenue (Q: Apr. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Apr. 2024 ))/ count )
=260.587/( (687.93+717.838)/ 2 )
=260.587/702.884
=0.37

* 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.

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.

Chemring Group Total Assets Related Terms

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Chemring Group Business Description

Traded in Other Exchanges
Address
Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN
Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.

Chemring Group Headlines

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