ERG SPA's Total Assets for the quarter that ended in Mar. 2024 was €0.0 Mil.
During the past 12 months, ERG SPA's average Total Assets Growth Rate was -113.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, ERG SPA's highest 3-Year average Total Assets Growth Rate was 23.00%. The lowest was -11.20%. And the median was 2.20%.
Total Assets is connected with ROA %. ERG SPA's annualizedROA % for the quarter that ended in Mar. 2024 was 6.00%. Total Assets is also linked to Revenue through Asset Turnover. ERG SPA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.
ERG SPA Total Assets Historical Data
The historical data trend for ERG SPA'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.
ERG SPA'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 (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.
ERG SPA's Asset Turnover for the quarter that ended in Mar. 2024 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.
ERG SPA Total Assets Related Terms
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ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
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