Pferdewetten de AG (XTER:EMH1) Total Assets : €40.30 Mil (As of Sep. 2023)

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What is Pferdewetten de AG Total Assets?

Pferdewetten de AG's Total Assets for the quarter that ended in Sep. 2023 was €40.30 Mil.

Warning Sign:

If a company builds assets at 23.2% a year, faster than its revenue growth rate of 8.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 3 years, the average Total Assets Growth Rate was 24.90% per year. During the past 5 years, the average Total Assets Growth Rate was 23.20% per year. During the past 10 years, the average Total Assets Growth Rate was 23.00% per year.

During the past 13 years, Pferdewetten de AG's highest 3-Year average Total Assets Growth Rate was 39.40%. The lowest was -16.00%. And the median was 17.20%.

Total Assets is connected with ROA %. Pferdewetten de AG's annualized ROA % for the quarter that ended in Sep. 2023 was -34.48%. Total Assets is also linked to Revenue through Asset Turnover. Pferdewetten de AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.12.

Pferdewetten de AG Total Assets Historical Data

The historical data trend for Pferdewetten de 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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Pferdewetten de AG Total Assets Chart

Pferdewetten de AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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20.89

28.07

31.48

34.23

35.74

Pferdewetten de AG Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															-	35.74	39.63	42.97	40.30

Pferdewetten de 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.

Pferdewetten de AG's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	18.966	+	16.769
	=	35.74

Pferdewetten de AG's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	9.554	+	30.743
	=	40.30

Pferdewetten de AG (XTER:EMH1) Total Assets Explanation

Total Assets is connected with ROA %.

Pferdewetten de AG's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-14.356	/	( (42.967	+	40.296)	/ 2 )
	=	-14.356	/	41.6315
	=	-34.48 %

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

Pferdewetten de AG's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	4.828	/	( (42.967	+	40.296)	/ 2 )
=	4.828	/	41.6315
=	0.12

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.

Pferdewetten de AG Total Assets Related Terms

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Pferdewetten de AG (XTER:EMH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pferdewetten de AG (XTER:EMH1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

EMH1:Germany EMH:Germany

Address

Schlossstrasse 38, Hamburg, DEU

Website

http://www.pferdewetten.ag

Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.

Pferdewetten de AG (XTER:EMH1) Headlines

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