Lechwerke AG (FRA:LEC) Total Assets : €1,776 Mil (As of Dec. 2023)

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What is Lechwerke AG Total Assets?

Lechwerke AG's Total Assets for the quarter that ended in Dec. 2023 was €1,776 Mil.

During the past 12 months, Lechwerke AG's average Total Assets Growth Rate was -0.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.10% per year. During the past 10 years, the average Total Assets Growth Rate was 1.10% per year.

During the past 13 years, Lechwerke AG's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -6.70%. And the median was 2.60%.

Total Assets is connected with ROA %. Lechwerke AG's annualized ROA % for the quarter that ended in Dec. 2023 was 3.16%. Total Assets is also linked to Revenue through Asset Turnover. Lechwerke AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.

Lechwerke AG Total Assets Historical Data

The historical data trend for Lechwerke 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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Lechwerke AG Total Assets Chart

Lechwerke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,939.97

1,703.81

1,802.58

1,780.54

1,776.24

Lechwerke AG Semi-Annual Data
	Jun14	Dec14	Jun15	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															1,802.58	1,706.72	1,780.54	1,711.22	1,776.24

Lechwerke 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.

Lechwerke 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 )
	=	531.677	+	1244.564
	=	1,776

Lechwerke 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 )
	=	531.677	+	1244.564
	=	1,776

Lechwerke AG (FRA:LEC) Total Assets Explanation

Total Assets is connected with ROA %.

Lechwerke 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 )
	=	55.152	/	( (1711.221	+	1776.241)	/ 2 )
	=	55.152	/	1743.731
	=	3.16 %

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.

Lechwerke 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 )
=	721.847	/	( (1711.221	+	1776.241)	/ 2 )
=	721.847	/	1743.731
=	0.41

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.

Lechwerke AG Total Assets Related Terms

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Lechwerke AG (FRA:LEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Lechwerke AG (FRA:LEC) » Definitions » Total Assets

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LEC:Germany

Address

Schaezlerstrasse 3, Augsburg, DEU, 86150

Website

http://www.lew.de

Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.

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