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Driver & Bengsch AG (FRA:D8B1) Total Assets : €1.44 Mil (As of Jun. 2012)


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What is Driver & Bengsch AG Total Assets?

Driver & Bengsch AG's Total Assets for the quarter that ended in Jun. 2012 was €1.44 Mil.

Total Assets is connected with ROA %. Driver & Bengsch AG's annualized ROA % for the quarter that ended in Jun. 2012 was -39.34%. Total Assets is also linked to Revenue through Asset Turnover. Driver & Bengsch AG's Asset Turnover for the quarter that ended in Jun. 2012 was 0.04.


Driver & Bengsch AG Total Assets Historical Data

The historical data trend for Driver & Bengsch 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.

* Premium members only.

Driver & Bengsch AG Total Assets Chart

Driver & Bengsch AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
56.84 24.87 4.32 2.31 1.68

Driver & Bengsch AG Semi-Annual Data
Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
Total Assets Get a 7-Day Free Trial Premium Member Only 4.49 2.31 2.04 1.68 1.44

Driver & Bengsch 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.

Driver & Bengsch AG's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=0.274+1.401
=1.68

Driver & Bengsch AG's Total Assets for the quarter that ended in Jun. 2012 is calculated as

Total Assets=Total Equity (Q: Jun. 2012 )+Total Liabilities (Q: Jun. 2012 )
=-0.032+1.468
=1.44

* 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.


Driver & Bengsch AG  (FRA:D8B1) Total Assets Explanation

Total Assets is connected with ROA %.

Driver & Bengsch AG's annualized ROA % for the quarter that ended in Jun. 2012 is

ROA %=Net Income (Q: Jun. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Jun. 2012 ))/ count )
=-0.612/( (1.675+1.436)/ 2 )
=-0.612/1.5555
=-39.34 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2012) 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.

Driver & Bengsch AG's Asset Turnover for the quarter that ended in Jun. 2012 is

Asset Turnover
=Revenue (Q: Jun. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Jun. 2012 ))/ count )
=0.064/( (1.675+1.436)/ 2 )
=0.064/1.5555
=0.04

* 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.

Driver & Bengsch AG Total Assets Related Terms

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Driver & Bengsch AG (FRA:D8B1) Business Description

Traded in Other Exchanges
N/A
Address
Berliner Platz 6a, Itzehoe, DEU, 25524
Driver & Bengsch AG is a Germany-based holding company offering various financial services including insurance and real estate brokerage and financial advisory services.

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