Krones AG's Total Assets for the quarter that ended in Dec. 2023 was €4,477 Mil.
Warning Sign:
If a company builds assets at 4.9% a year, faster than its revenue growth rate of 3.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Krones AG's average Total Assets Growth Rate was 15.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.20% per year.
During the past 13 years, Krones AG's highest 3-Year average Total Assets Growth Rate was 21.50%. The lowest was -12.10%. And the median was 5.90%.
Total Assets is connected with ROA %. Krones AG's annualizedROA % for the quarter that ended in Dec. 2023 was 4.48%. Total Assets is also linked to Revenue through Asset Turnover. Krones AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.
Krones AG Total Assets Historical Data
The historical data trend for Krones 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.
Krones 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.
Krones 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.
Krones AG Total Assets Related Terms
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Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.
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