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Harbor Custom Development (FRA:5EI1) Total Assets : €152.91 Mil (As of Dec. 2023)


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What is Harbor Custom Development Total Assets?

Harbor Custom Development's Total Assets for the quarter that ended in Dec. 2023 was €152.91 Mil.

During the past 12 months, Harbor Custom Development's average Total Assets Growth Rate was -28.00% per year. During the past 3 years, the average Total Assets Growth Rate was 73.50% per year. During the past 5 years, the average Total Assets Growth Rate was 65.70% per year.

During the past 6 years, Harbor Custom Development's highest 3-Year average Total Assets Growth Rate was 93.40%. The lowest was 73.50%. And the median was 89.50%.

Total Assets is connected with ROA %. Harbor Custom Development's annualized ROA % for the quarter that ended in Dec. 2023 was -83.12%. Total Assets is also linked to Revenue through Asset Turnover. Harbor Custom Development's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.


Harbor Custom Development Total Assets Historical Data

The historical data trend for Harbor Custom Development'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.

* Premium members only.

Harbor Custom Development Total Assets Chart

Harbor Custom Development Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 28.59 27.63 150.19 222.94 152.91

Harbor Custom Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 222.94 226.00 218.66 209.87 152.91

Harbor Custom Development 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.

Harbor Custom Development'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 )
=7.774+145.136
=152.91

Harbor Custom Development'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 )
=7.774+145.136
=152.91

* 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.


Harbor Custom Development  (FRA:5EI1) Total Assets Explanation

Total Assets is connected with ROA %.

Harbor Custom Development's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-150.78/( (209.87+152.911)/ 2 )
=-150.78/181.3905
=-83.12 %

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.

Harbor Custom Development's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=22.645/( (209.87+152.911)/ 2 )
=22.645/181.3905
=0.12

* 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.

Harbor Custom Development Total Assets Related Terms

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Harbor Custom Development Business Description

Traded in Other Exchanges
Address
1201 Pacific Avenue, Suite 1200, Tacoma, WA, USA, 98402
Harbor Custom Development Inc is a real estate development company. The company's segment includes Homes; Developed lots; Entitled land; Multi-family; Fee Build and other. It generates maximum revenue froem the Homes segment.

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