Edenred SE's Total Assets for the quarter that ended in Dec. 2023 was $14,498 Mil.
Warning Sign:
If a company builds assets at 10.9% a year, faster than its revenue growth rate of 8.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Edenred SE's average Total Assets Growth Rate was 22.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.90% per year.
During the past 13 years, Edenred SE's highest 3-Year average Total Assets Growth Rate was 18.80%. The lowest was -35.70%. And the median was 7.75%.
Total Assets is connected with ROA %. Edenred SE's annualizedROA % for the quarter that ended in Dec. 2023 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. Edenred SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.
Edenred SE Total Assets Historical Data
The historical data trend for Edenred SE'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.
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.
Edenred SE's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Edenred SE's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Edenred SE Total Assets Related Terms
Thank you for viewing the detailed overview of Edenred SE's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Edenred is a France-listed prepaid corporate services provider operating in more than 40 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems.
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