OMV AG's Total Assets for the quarter that ended in Dec. 2023 was $55,249 Mil.
During the past 12 months, OMV AG's average Total Assets Growth Rate was -10.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.50% 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 5.20% per year.
During the past 13 years, OMV AG's highest 3-Year average Total Assets Growth Rate was 18.80%. The lowest was -5.70%. And the median was 7.80%.
Total Assets is connected with ROA %. OMV AG's annualizedROA % for the quarter that ended in Dec. 2023 was 2.02%. Total Assets is also linked to Revenue through Asset Turnover. OMV AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.
OMV AG Total Assets Historical Data
The historical data trend for OMV AG'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.
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.
OMV AG's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
OMV AG's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
OMV AG Total Assets Related Terms
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OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.
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