Acorn Energy (FRA:DS1) Total Assets : €4.49 Mil (As of Mar. 2024)

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What is Acorn Energy Total Assets?

Acorn Energy's Total Assets for the quarter that ended in Mar. 2024 was €4.49 Mil.

Warning Sign:

If a company builds assets at 7.2% a year, faster than its revenue growth rate of 3.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Acorn Energy's average Total Assets Growth Rate was -25.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was -18.30% per year.

During the past 13 years, Acorn Energy's highest 3-Year average Total Assets Growth Rate was 201.00%. The lowest was -56.80%. And the median was -8.30%.

Total Assets is connected with ROA %. Acorn Energy's annualized ROA % for the quarter that ended in Mar. 2024 was 5.06%. Total Assets is also linked to Revenue through Asset Turnover. Acorn Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.41.

Acorn Energy Total Assets Historical Data

The historical data trend for Acorn Energy'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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Acorn Energy Total Assets Chart

Acorn Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4.49

4.28

5.35

5.65

5.00

Acorn Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															5.62	5.73	5.77	5.00	4.49

Acorn Energy 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.

Acorn Energy'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 )
	=	-0.757	+	5.754
	=	5.00

Acorn Energy's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-0.661	+	5.15
	=	4.49

Acorn Energy (FRA:DS1) Total Assets Explanation

Total Assets is connected with ROA %.

Acorn Energy's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	0.24	/	( (4.997	+	4.489)	/ 2 )
	=	0.24	/	4.743
	=	5.06 %

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

Acorn Energy's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1.961	/	( (4.997	+	4.489)	/ 2 )
=	1.961	/	4.743
=	0.41

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.

Acorn Energy Total Assets Related Terms

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Acorn Energy (FRA:DS1) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acorn Energy Inc (FRA:DS1) » Definitions » Total Assets

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ACFN:USA

Address

1000 N West Street, Suite 1200, Wilmington, DE, USA, 19801

Website

https://www.acornenergy.com

Acorn Energy Inc is a holding company which focuses on technology-driven solutions for energy infrastructure asset management. It operates through two segments namely, the PG segment and the CP segment. PG segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications which account for majority of the revenue. CP segment is engaged in providing remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies.

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