Euro Tech Holdings Co (Euro Tech Holdings Co) Total Assets : $17.98 Mil (As of Jun. 2023)

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What is Euro Tech Holdings Co Total Assets?

Euro Tech Holdings Co's Total Assets for the quarter that ended in Jun. 2023 was $17.98 Mil.

During the past 12 months, Euro Tech Holdings Co's average Total Assets Growth Rate was -0.80% per year. During the past 3 years, the average Total Assets Growth Rate was -5.40% per year. During the past 5 years, the average Total Assets Growth Rate was -6.30% per year. During the past 10 years, the average Total Assets Growth Rate was -2.30% per year.

During the past 13 years, Euro Tech Holdings Co's highest 3-Year average Total Assets Growth Rate was 21.10%. The lowest was -6.60%. And the median was 2.75%.

Total Assets is connected with ROA %. Euro Tech Holdings Co's annualized ROA % for the quarter that ended in Jun. 2023 was -2.73%. Total Assets is also linked to Revenue through Asset Turnover. Euro Tech Holdings Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.43.

Euro Tech Holdings Co Total Assets Historical Data

The historical data trend for Euro Tech Holdings Co'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.

Euro Tech Holdings Co Total Assets Chart

Euro Tech Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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23.07

22.21

20.10

21.25

19.36

Euro Tech Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															20.39	21.25	19.53	19.36	17.98

Euro Tech Holdings Co 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.

Euro Tech Holdings Co'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 )
	=	14.806	+	4.557
	=	19.36

Euro Tech Holdings Co's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	14.309	+	3.667
	=	17.98

Euro Tech Holdings Co (NAS:CLWT) Total Assets Explanation

Total Assets is connected with ROA %.

Euro Tech Holdings Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-0.51	/	( (19.363	+	17.976)	/ 2 )
	=	-0.51	/	18.6695
	=	-2.73 %

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

Euro Tech Holdings Co's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	7.957	/	( (19.363	+	17.976)	/ 2 )
=	7.957	/	18.6695
=	0.43

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.

Euro Tech Holdings Co Total Assets Related Terms

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Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Tech Holdings Co Ltd (NAS:CLWT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG

Website

https://www.euro-tech.com

Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.