Ekotechnika AG (XTER:ETE) Total Assets : €159.8 Mil (As of Sep. 2023)

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What is Ekotechnika AG Total Assets?

Ekotechnika AG's Total Assets for the quarter that ended in Sep. 2023 was €159.8 Mil.

Warning Sign:

If a company builds assets at 8.4% a year, faster than its revenue growth rate of 5.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ekotechnika AG's average Total Assets Growth Rate was -25.60% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 9 years, Ekotechnika AG's highest 3-Year average Total Assets Growth Rate was 29.30%. The lowest was 7.80%. And the median was 13.20%.

Total Assets is connected with ROA %. Ekotechnika AG's annualized ROA % for the quarter that ended in Sep. 2023 was 7.60%. Total Assets is also linked to Revenue through Asset Turnover. Ekotechnika AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.52.

Ekotechnika AG Total Assets Historical Data

The historical data trend for Ekotechnika 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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Ekotechnika AG Total Assets Chart

Ekotechnika AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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134.52

123.93

146.32

202.67

159.78

Ekotechnika AG Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial													146.32	140.00	202.67	172.63	159.78

Ekotechnika 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.

Ekotechnika AG's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	68.504	+	91.275
	=	159.8

Ekotechnika AG's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	68.504	+	91.275
	=	159.8

Ekotechnika AG (XTER:ETE) Total Assets Explanation

Total Assets is connected with ROA %.

Ekotechnika AG's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	12.626	/	( (172.63	+	159.779)	/ 2 )
	=	12.626	/	166.2045
	=	7.60 %

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

Ekotechnika AG's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	87.076	/	( (172.63	+	159.779)	/ 2 )
=	87.076	/	166.2045
=	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.

Ekotechnika AG Total Assets Related Terms

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Ekotechnika AG (XTER:ETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekotechnika AG (XTER:ETE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190

Website

https://www.ekotechnika.de

Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.

Executives

Lars Bjarne Buwitt

Supervisory Board

Ekotechnika AG (XTER:ETE) Headlines

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