Noratis AG (HAM:NUVA) Total Assets : €482.72 Mil (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Noratis AG Total Assets?

Noratis AG's Total Assets for the quarter that ended in Jun. 2023 was €482.72 Mil.

During the past 12 months, Noratis AG's average Total Assets Growth Rate was 8.80% per year. During the past 3 years, the average Total Assets Growth Rate was 23.90% per year. During the past 5 years, the average Total Assets Growth Rate was 33.40% per year.

During the past 8 years, Noratis AG's highest 3-Year average Total Assets Growth Rate was 47.00%. The lowest was 23.90%. And the median was 36.95%.

Total Assets is connected with ROA %. Noratis AG's annualized ROA % for the quarter that ended in Jun. 2023 was -1.39%. Total Assets is also linked to Revenue through Asset Turnover. Noratis AG's Asset Turnover for the quarter that ended in Jun. 2023 was 0.07.

Noratis AG Total Assets Historical Data

The historical data trend for Noratis 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.

* Premium members only.

Noratis AG Total Assets Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

215.98

260.70

367.56

446.56

494.01

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial											376.19	446.56	443.72	494.01	482.72

Noratis AG 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.

Noratis AG'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 )
	=	86.857	+	407.155
	=	494.01

Noratis AG'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 )
	=	83.436	+	399.288
	=	482.72

Noratis AG (HAM:NUVA) Total Assets Explanation

Total Assets is connected with ROA %.

Noratis AG'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 )
	=	-6.794	/	( (494.012	+	482.724)	/ 2 )
	=	-6.794	/	488.368
	=	-1.39 %

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.

Noratis AG'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 )
=	33.479	/	( (494.012	+	482.724)	/ 2 )
=	33.479	/	488.368
=	0.07

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.

Noratis AG Total Assets Related Terms

Thank you for viewing the detailed overview of Noratis AG's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Noratis AG (HAM:NUVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Noratis AG (HAM:NUVA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.