Novavest Real Estate AG (XSWX:NREN) Total Assets : CHF793.71 Mil (As of Dec. 2023)

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What is Novavest Real Estate AG Total Assets?

Novavest Real Estate AG's Total Assets for the quarter that ended in Dec. 2023 was CHF793.71 Mil.

During the past 12 months, Novavest Real Estate AG's average Total Assets Growth Rate was -3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 10.50% per year. During the past 10 years, the average Total Assets Growth Rate was 39.20% per year.

During the past 11 years, Novavest Real Estate AG's highest 3-Year average Total Assets Growth Rate was 242.90%. The lowest was 6.70%. And the median was 16.45%.

Total Assets is connected with ROA %. Novavest Real Estate AG's annualized ROA % for the quarter that ended in Dec. 2023 was -0.61%. Total Assets is also linked to Revenue through Asset Turnover. Novavest Real Estate AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Novavest Real Estate AG Total Assets Historical Data

The historical data trend for Novavest Real Estate 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.

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Novavest Real Estate AG Total Assets Chart

Novavest Real Estate AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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584.33

666.67

751.15

823.24

793.71

Novavest Real Estate AG Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial													751.15	802.48	823.24	802.78	793.71

Novavest Real Estate 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.

Novavest Real Estate AG'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 )
	=	331.869	+	461.836
	=	793.71

Novavest Real Estate AG'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 )
	=	331.869	+	461.836
	=	793.71

Novavest Real Estate AG (XSWX:NREN) Total Assets Explanation

Total Assets is connected with ROA %.

Novavest Real Estate AG'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 )
	=	-4.89	/	( (802.781	+	793.705)	/ 2 )
	=	-4.89	/	798.243
	=	-0.61 %

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.

Novavest Real Estate AG'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 )
=	14.567	/	( (802.781	+	793.705)	/ 2 )
=	14.567	/	798.243
=	0.02

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.

Novavest Real Estate AG Total Assets Related Terms

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Novavest Real Estate AG (XSWX:NREN) Business Description

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NRENz:UK

Address

Feldeggstrasse 26, Zurich, CHE, 8008

Website

https://www.novavest.ch

Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.

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