Piraeus Port Authority (ATH:PPA) Total Assets : €611.3 Mil (As of Dec. 2023)

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What is Piraeus Port Authority Total Assets?

Piraeus Port Authority's Total Assets for the quarter that ended in Dec. 2023 was €611.3 Mil.

During the past 12 months, Piraeus Port Authority's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.60% per year. During the past 5 years, the average Total Assets Growth Rate was 4.90% per year. During the past 10 years, the average Total Assets Growth Rate was 2.60% per year.

During the past 13 years, Piraeus Port Authority's highest 3-Year average Total Assets Growth Rate was 19.90%. The lowest was -6.20%. And the median was 3.45%.

Total Assets is connected with ROA %. Piraeus Port Authority's annualized ROA % for the quarter that ended in Dec. 2023 was 9.37%. Total Assets is also linked to Revenue through Asset Turnover. Piraeus Port Authority's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Piraeus Port Authority Total Assets Historical Data

The historical data trend for Piraeus Port Authority'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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Piraeus Port Authority Total Assets Chart

Piraeus Port Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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471.50

479.06

526.18

573.36

611.34

Piraeus Port Authority Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															526.18	557.04	573.36	588.51	611.34

Piraeus Port Authority 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.

Piraeus Port Authority'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 )
	=	355.071	+	256.264
	=	611.3

Piraeus Port Authority'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 )
	=	355.071	+	256.264
	=	611.3

Piraeus Port Authority (ATH:PPA) Total Assets Explanation

Total Assets is connected with ROA %.

Piraeus Port Authority's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	56.2	/	( (588.508	+	611.335)	/ 2 )
	=	56.2	/	599.9215
	=	9.37 %

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

Piraeus Port Authority's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	117.403	/	( (588.508	+	611.335)	/ 2 )
=	117.403	/	599.9215
=	0.20

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.

Piraeus Port Authority Total Assets Related Terms

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Piraeus Port Authority (ATH:PPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Piraeus Port Authority SA (ATH:PPA) » Definitions » Total Assets

Traded in Other Exchanges

PZE:Germany

Address

10 Akti Miaouli street, Piraeus, GRC, 18538

Website

https://www.olp.gr

Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.