PIERER Mobility AG's Total Assets for the quarter that ended in Jun. 2024 was €3,269 Mil.
During the past 12 months, PIERER Mobility AG's average Total Assets Growth Rate was 28.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 48.60% per year.
During the past 13 years, PIERER Mobility AG's highest 3-Year average Total Assets Growth Rate was 438.20%. The lowest was -43.30%. And the median was 7.70%.
The historical data trend for PIERER Mobility 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.
PIERER Mobility 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.
PIERER Mobility AG (FRA:PKTM) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jun. 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.
PIERER Mobility AG's Asset Turnover for the quarter that ended in Jun. 2024 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.
PIERER Mobility AG Total Assets Related Terms
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PIERER Mobility AG is an automotive niche player that includes renowned brands KTM, Husqvarna, GASGAS, and MV Agusta Motorcycles. The reportable segments of the company are; Motorcycles, Bicycles, and Others. The Motorcycles segment which generates the majority of the revenue, comprises the development, production and distribution of motorcycles under the KTM, Husqvarna Motorcycles, and GASGAS brands as well as components of the WP brand. The Bicycles segment's focus is on developing, manufacturing and trading e-bicycles and bicycles under Husqvarna E-Bicycles, GASGAS Bicycles, Liteville, and Johansson brands. Geographically, key revenue for the company is derived from Europe (without Austria), and the rest from North America and Mexico, Austria, and other regions.
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