Enterprise Group (TSX:E) Total Assets : C$86.72 Mil (As of Mar. 2024)

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What is Enterprise Group Total Assets?

Enterprise Group's Total Assets for the quarter that ended in Mar. 2024 was C$86.72 Mil.

During the past 12 months, Enterprise Group's average Total Assets Growth Rate was 33.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.70% per year. During the past 10 years, the average Total Assets Growth Rate was -6.60% per year.

During the past 13 years, Enterprise Group's highest 3-Year average Total Assets Growth Rate was 2148.70%. The lowest was -31.90%. And the median was -1.80%.

Total Assets is connected with ROA %. Enterprise Group's annualized ROA % for the quarter that ended in Mar. 2024 was 20.02%. Total Assets is also linked to Revenue through Asset Turnover. Enterprise Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Enterprise Group Total Assets Historical Data

The historical data trend for Enterprise Group'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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Enterprise Group Total Assets Chart

Enterprise Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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58.29

52.25

51.15

55.37

72.81

Enterprise Group 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															58.68	56.07	63.90	72.81	86.72

Enterprise Group 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.

Enterprise Group'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 )
	=	40.795	+	32.012
	=	72.81

Enterprise Group'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 )
	=	51.262	+	35.46
	=	86.72

Enterprise Group (TSX:E) Total Assets Explanation

Total Assets is connected with ROA %.

Enterprise Group'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 )
	=	15.968	/	( (72.807	+	86.722)	/ 2 )
	=	15.968	/	79.7645
	=	20.02 %

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.

Enterprise Group'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 )
=	12.326	/	( (72.807	+	86.722)	/ 2 )
=	12.326	/	79.7645
=	0.15

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.

Enterprise Group Total Assets Related Terms

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Enterprise Group (TSX:E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Group Inc (TSX:E) » Definitions » Total Assets

Comparable Companies

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ETOLF:USA 3EO1:Germany

Address

64 Riel Drive, Suite 2, St. Albert, AB, CAN, T8N 5B3

Website

https://www.enterprisegrp.ca

Enterprise Group Inc is an equipment rental and construction services company operating in the utility, energy, and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.

Executives

Warren Cabral

Senior Officer