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TAG Immobilien AG (HAM:TEG) Total Assets : €7,304 Mil (As of Mar. 2024)


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What is TAG Immobilien AG Total Assets?

TAG Immobilien AG's Total Assets for the quarter that ended in Mar. 2024 was €7,304 Mil.

During the past 12 months, TAG Immobilien AG's average Total Assets Growth Rate was -11.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.20% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, TAG Immobilien AG's highest 3-Year average Total Assets Growth Rate was 67.70%. The lowest was -6.30%. And the median was 12.00%.

Total Assets is connected with ROA %. TAG Immobilien AG's annualized ROA % for the quarter that ended in Mar. 2024 was 2.83%. Total Assets is also linked to Revenue through Asset Turnover. TAG Immobilien AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


TAG Immobilien AG Total Assets Historical Data

The historical data trend for TAG Immobilien 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.

TAG Immobilien AG Total Assets Chart

TAG Immobilien AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,646.97 6,477.99 7,088.63 8,214.60 7,299.79

TAG Immobilien AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,095.92 7,756.42 7,658.42 7,299.79 7,303.81

TAG Immobilien 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.

TAG Immobilien AG'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 )
=2964.493+4335.297
=7,300

TAG Immobilien AG'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 )
=3025.189+4278.617
=7,304

* 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.


TAG Immobilien AG  (HAM:TEG) Total Assets Explanation

Total Assets is connected with ROA %.

TAG Immobilien AG'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 )
=206.464/( (7299.79+7303.806)/ 2 )
=206.464/7301.798
=2.83 %

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.

TAG Immobilien AG'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 )
=267.64/( (7299.79+7303.806)/ 2 )
=267.64/7301.798
=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.

TAG Immobilien AG Total Assets Related Terms

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TAG Immobilien AG (HAM:TEG) Business Description

Traded in Other Exchanges
Address
Steckelhorn 5, Hamburg, DEU, 20457
TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (HAM:TEG) Headlines

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