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NowVertical Group (FRA:5XQ) Total Assets : €42.26 Mil (As of Mar. 2024)


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What is NowVertical Group Total Assets?

NowVertical Group's Total Assets for the quarter that ended in Mar. 2024 was €42.26 Mil.

During the past 12 months, NowVertical Group's average Total Assets Growth Rate was 44.70% per year. During the past 3 years, the average Total Assets Growth Rate was 120.50% per year.

During the past 4 years, NowVertical Group's highest 3-Year average Total Assets Growth Rate was 120.50%. The lowest was 120.50%. And the median was 120.50%.

Total Assets is connected with ROA %. NowVertical Group's annualized ROA % for the quarter that ended in Mar. 2024 was -13.33%. Total Assets is also linked to Revenue through Asset Turnover. NowVertical Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.


NowVertical Group Total Assets Historical Data

The historical data trend for NowVertical Group'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.

NowVertical Group Total Assets Chart

NowVertical Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
4.38 18.66 32.26 41.13

NowVertical Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.26 51.01 48.45 41.13 42.26

NowVertical Group 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.

NowVertical Group'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 )
=-2.428+43.555
=41.13

NowVertical Group's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-2.886+45.141
=42.26

* 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.


NowVertical Group  (FRA:5XQ) Total Assets Explanation

Total Assets is connected with ROA %.

NowVertical Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-5.556/( (41.127+42.256)/ 2 )
=-5.556/41.6915
=-13.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

NowVertical Group's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=11.911/( (41.127+42.256)/ 2 )
=11.911/41.6915
=0.29

* 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.

NowVertical Group Total Assets Related Terms

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NowVertical Group (FRA:5XQ) Business Description

Traded in Other Exchanges
Address
7750 Okeechobee boulevard, Suite 4-2024, West Palm Beach, FL, USA, 33411
NowVertical Group Inc is a company specializing in accretive data analytics software and services. It is a global data software and services company that helps businesses by helping its clients understand, manage and utilize their data. It has the following operating segments: Technology and Solutions. The company earns the majority of the revenue from the Solutions segment.

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