Weaccess Group (XPAR:MLWEA) Total Assets : €1.27 Mil (As of Dec. 2023)

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What is Weaccess Group Total Assets?

Weaccess Group's Total Assets for the quarter that ended in Dec. 2023 was €1.27 Mil.

During the past 12 months, Weaccess Group's average Total Assets Growth Rate was 30.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.20% per year. During the past 5 years, the average Total Assets Growth Rate was -5.90% per year.

During the past 8 years, Weaccess Group's highest 3-Year average Total Assets Growth Rate was 0.20%. The lowest was -12.80%. And the median was -7.10%.

Total Assets is connected with ROA %. Weaccess Group's annualized ROA % for the quarter that ended in Dec. 2023 was -1.11%. Total Assets is also linked to Revenue through Asset Turnover. Weaccess Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.52.

Weaccess Group Total Assets Historical Data

The historical data trend for Weaccess 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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Weaccess Group Total Assets Chart

Weaccess Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1.61

1.74

1.28

1.17

1.27

Weaccess Group Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				1.74	1.28	1.17	1.24	1.27

Weaccess 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.

Weaccess 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 )
	=	0.579	+	0.696
	=	1.28

Weaccess Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.579	+	0.696
	=	1.28

Weaccess Group (XPAR:MLWEA) Total Assets Explanation

Total Assets is connected with ROA %.

Weaccess Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.014	/	( (1.241	+	1.274)	/ 2 )
	=	-0.014	/	1.2575
	=	-1.11 %

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

Weaccess Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.657	/	( (1.241	+	1.274)	/ 2 )
=	0.657	/	1.2575
=	0.52

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.

Weaccess Group Total Assets Related Terms

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Weaccess Group (XPAR:MLWEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Weaccess Group SA (XPAR:MLWEA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

59, rue Caroline Herschel, Madrillet Technology Park, Saint-Etienne-du-Rouvray, FRA, 76800

Website

http://www.infosat-telecom.fr

Weaccess Group SA provides internet services in white ADSL area using wireless technologies. The company also provides television and telephone services.

Weaccess Group (XPAR:MLWEA) Headlines

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