Bechtle AG's Total Assets for the quarter that ended in Dec. 2023 was €3,803 Mil.
Warning Sign:
If a company builds assets at 13.6% a year, faster than its revenue growth rate of 7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Bechtle AG's average Total Assets Growth Rate was 5.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.00% per year.
During the past 13 years, Bechtle AG's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was 3.70%. And the median was 12.60%.
The historical data trend for Bechtle 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.
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.
Bechtle AG'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 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.
Bechtle AG'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.
Bechtle AG Total Assets Related Terms
Thank you for viewing the detailed overview of Bechtle AG's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:BC8 has been successfully added to your 