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Vantage Towers AG (Vantage Towers AG) Total Assets : $11,816 Mil (As of Mar. 2023)


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What is Vantage Towers AG Total Assets?

Vantage Towers AG's Total Assets for the quarter that ended in Mar. 2023 was $11,816 Mil.

During the past 12 months, Vantage Towers AG's average Total Assets Growth Rate was 1.50% per year.

Total Assets is connected with ROA %. Vantage Towers AG's annualized ROA % for the quarter that ended in Mar. 2023 was 5.43%. Total Assets is also linked to Revenue through Asset Turnover. Vantage Towers AG's Asset Turnover for the quarter that ended in Mar. 2023 was 0.05.


Vantage Towers AG Total Assets Historical Data

The historical data trend for Vantage Towers 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.

Vantage Towers AG Total Assets Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
12,244.64 11,807.93 11,815.63

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Total Assets Get a 7-Day Free Trial 12,244.64 12,061.18 11,807.93 10,617.62 11,815.63

Vantage Towers 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.

Vantage Towers AG's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=5935.011+5880.621
=11,816

Vantage Towers AG's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=5935.011+5880.621
=11,816

* 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.


Vantage Towers AG  (OTCPK:VTAGY) Total Assets Explanation

Total Assets is connected with ROA %.

Vantage Towers AG's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=608.566/( (10617.624+11815.632)/ 2 )
=608.566/11216.628
=5.43 %

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

Vantage Towers AG's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=601.606/( (10617.624+11815.632)/ 2 )
=601.606/11216.628
=0.05

* 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.

Vantage Towers AG Total Assets Related Terms

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Vantage Towers AG (Vantage Towers AG) Business Description

Traded in Other Exchanges
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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