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Empresa Distribuidora y Comercializadora Norte (Empresa Distribuidora y Comercializadora Norte) Total Assets : $4,180 Mil (As of Dec. 2023)


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What is Empresa Distribuidora y Comercializadora Norte Total Assets?

Empresa Distribuidora y Comercializadora Norte's Total Assets for the quarter that ended in Dec. 2023 was $4,180 Mil.

Warning Sign:

If a company builds assets at 76.8% a year, faster than its revenue growth rate of 47.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Empresa Distribuidora y Comercializadora Norte's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 87.60% per year. During the past 5 years, the average Total Assets Growth Rate was 76.80% per year. During the past 10 years, the average Total Assets Growth Rate was 79.20% per year.

During the past 13 years, Empresa Distribuidora y Comercializadora Norte's highest 3-Year average Total Assets Growth Rate was 114.40%. The lowest was -1.70%. And the median was 18.40%.

Total Assets is connected with ROA %. Empresa Distribuidora y Comercializadora Norte's annualized ROA % for the quarter that ended in Dec. 2023 was -1.42%. Total Assets is also linked to Revenue through Asset Turnover. Empresa Distribuidora y Comercializadora Norte's Asset Turnover for the quarter that ended in Dec. 2023 was 0.25.

Empresa Distribuidora y Comercializadora Norte Total Assets Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Total Assets Chart

Empresa Distribuidora y Comercializadora Norte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,720.82 2,758.79 4,587.27 8,918.47 4,179.51

Empresa Distribuidora y Comercializadora Norte Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,918.47 3,038.57 3,156.31 2,890.28 4,179.51

Empresa Distribuidora y Comercializadora Norte 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.

Empresa Distribuidora y Comercializadora Norte'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 )
=1215.543+2963.97
=4,180

Empresa Distribuidora y Comercializadora Norte'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 )
=1215.543+2963.97
=4,180

* 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.

Empresa Distribuidora y Comercializadora Norte  (NYSE:EDN) Total Assets Explanation

Total Assets is connected with ROA %.

Empresa Distribuidora y Comercializadora Norte's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-50.36/( (2890.281+4179.512)/ 2 )
=-50.36/3534.8965
=-1.42 %

Note: The Net Income data used here is four times the quarterly (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.

Empresa Distribuidora y Comercializadora Norte's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=892.762/( (2890.281+4179.512)/ 2 )
=892.762/3534.8965
=0.25

* 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.

Empresa Distribuidora y Comercializadora Norte Total Assets Related Terms

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Empresa Distribuidora y Comercializadora Norte (Empresa Distribuidora y Comercializadora Norte) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Distribuidora y Comercializadora Norte SA (NYSE:EDN) » Definitions » Total Assets
Comparable Companies
BUE:TRAN BUE:CECO2 BUE:CEPU BUE:EDSH NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG ED BOM:532898 XEL EIX WEC SHSE:601985
Traded in Other Exchanges
PWD1:Germany PWD1:Germany EDN:Argentina
Address
6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Website
https://www.edenor.com
Empresa Distribuidora y Comercializadora Norte SA is an Investment company and provider of services related to the distribution of electricity, renewable energies, and the development of sustainable technology. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.