Flatex AG's Total Assets for the quarter that ended in Dec. 2023 was $4,951.0 Mil.
Warning Sign:
If a company builds assets at 30.3% a year, faster than its revenue growth rate of 23.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Flatex AG's average Total Assets Growth Rate was 2.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 30.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 52.60% per year.
During the past 13 years, Flatex AG's highest 3-Year average Total Assets Growth Rate was 227.50%. The lowest was -7.20%. And the median was 31.80%.
Total Assets is connected with ROA %. Flatex AG's annualizedROA % for the quarter that ended in Dec. 2023 was 2.32%. Total Assets is also linked to Revenue through Asset Turnover. Flatex AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.
Flatex AG Total Assets Historical Data
The historical data trend for Flatex 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.
Flatex 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 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.
Flatex 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.
Flatex AG Total Assets Related Terms
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Flatex AG is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies.
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