FRVWY (Friedrich Vorwerk Group SE) Total Assets : $413.0 Mil (As of Sep. 2024)

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What is Friedrich Vorwerk Group SE Total Assets?

Friedrich Vorwerk Group SE's Total Assets for the quarter that ended in Sep. 2024 was $413.0 Mil.

During the past 12 months, Friedrich Vorwerk Group SE's average Total Assets Growth Rate was -1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 24.60% per year.

During the past 5 years, Friedrich Vorwerk Group SE's highest 3-Year average Total Assets Growth Rate was 31.60%. The lowest was 24.60%. And the median was 28.10%.

Total Assets is connected with ROA %. Friedrich Vorwerk Group SE's annualized ROA % for the quarter that ended in Sep. 2024 was 15.00%. Total Assets is also linked to Revenue through Asset Turnover. Friedrich Vorwerk Group SE's Asset Turnover for the quarter that ended in Sep. 2024 was 0.43.

Friedrich Vorwerk Group SE Total Assets Historical Data

The historical data trend for Friedrich Vorwerk Group SE'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.

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Friedrich Vorwerk Group SE Total Assets Chart

Friedrich Vorwerk Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

186.07

215.22

328.21

326.36

339.45

Friedrich Vorwerk Group SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															349.80	339.45	335.21	341.20	412.98

Friedrich Vorwerk Group SE 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.

Friedrich Vorwerk Group SE'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 )
	=	187.069	+	152.382
	=	339.5

Friedrich Vorwerk Group SE's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	212.597	+	200.378
	=	413.0

Friedrich Vorwerk Group SE (OTCPK:FRVWY) Total Assets Explanation

Total Assets is connected with ROA %.

Friedrich Vorwerk Group SE's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	56.556	/	( (341.196	+	412.976)	/ 2 )
	=	56.556	/	377.086
	=	15.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Friedrich Vorwerk Group SE's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	160.908	/	( (341.196	+	412.976)	/ 2 )
=	160.908	/	377.086
=	0.43

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.

Friedrich Vorwerk Group SE Total Assets Related Terms

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Friedrich Vorwerk Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Friedrich Vorwerk Group SE (OTCPK:FRVWY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VH2:Germany

Address

Niedersachsenstrasse 19-21, Tostedt, DEU, 21255

Website

https://www.friedrich-vorwerk.de

Friedrich Vorwerk Group SE is a driver of the European energy transition. It has four segments Natural Gas segment, which is the key revenue driver, comprises the transport and conversion of raw natural gas into treated natural gas, Electricity segment provides infrastructure for the underground transport and conversion of electricity, which is generated from non-fossil energy sources such as wind, solar, hydro, and regenerative resources, Clean Hydrogen segment comprises the conversion of energy from energy sources into clean hydrogen and its transportation to consumers, Adjacent Opportunities segment concentrates on the related turnkey technologies, and the majority of its revenue comes from Adjacent Opportunities.

Friedrich Vorwerk Group SE Headlines

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