Light (LGSXY) Total Assets : $4,304 Mil (As of Sep. 2024)

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What is Light Total Assets?

Light's Total Assets for the quarter that ended in Sep. 2024 was $4,304 Mil.

During the past 12 months, Light's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was -2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.90% per year. During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.

During the past 13 years, Light's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was -2.40%. And the median was 6.50%.

Total Assets is connected with ROA %. Light's annualized ROA % for the quarter that ended in Sep. 2024 was 2.59%. Total Assets is also linked to Revenue through Asset Turnover. Light's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Light Total Assets Historical Data

The historical data trend for Light'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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Light Total Assets Chart

Light Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,809.18

5,130.96

5,000.60

4,595.67

4,840.39

Light 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															4,730.37	4,840.39	4,779.33	4,496.32	4,303.88

Light 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.

Light'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 )
	=	631.799	+	4208.59
	=	4,840

Light'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 )
	=	514.222	+	3789.66
	=	4,304

Light (OTCPK:LGSXY) Total Assets Explanation

Total Assets is connected with ROA %.

Light'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 )
	=	113.8	/	( (4496.321	+	4303.881)	/ 2 )
	=	113.8	/	4400.101
	=	2.59 %

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.

Light'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 )
=	643.696	/	( (4496.321	+	4303.881)	/ 2 )
=	643.696	/	4400.101
=	0.15

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.

Light Total Assets Related Terms

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Light Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (OTCPK:LGSXY) » Definitions » Total Assets

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LIGT3:Brazil

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.