GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (LTS:0A8A) » Definitions » Total Assets

Technip Energies NV (LTS:0A8A) Total Assets : €8,671 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Technip Energies NV Total Assets?

Technip Energies NV's Total Assets for the quarter that ended in Jun. 2024 was €8,671 Mil.

Warning Sign:

If a company builds assets at 3.3% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Technip Energies NV's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 7 years, Technip Energies NV's highest 3-Year average Total Assets Growth Rate was 4.20%. The lowest was 1.00%. And the median was 2.40%.

Total Assets is connected with ROA %. Technip Energies NV's annualized ROA % for the quarter that ended in Jun. 2024 was 4.30%. Total Assets is also linked to Revenue through Asset Turnover. Technip Energies NV's Asset Turnover for the quarter that ended in Jun. 2024 was 0.35.


Technip Energies NV Total Assets Historical Data

The historical data trend for Technip Energies NV'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.

Technip Energies NV Total Assets Chart

Technip Energies NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 8,380.60 7,873.90 8,379.30 8,692.30 8,669.50

Technip Energies NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,516.00 8,692.30 8,578.30 8,669.50 8,671.30

Technip Energies NV 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.

Technip Energies NV'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 )
=1951.2+6718.3
=8,670

Technip Energies NV's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1981.2+6690.1
=8,671

* 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.


Technip Energies NV  (LTS:0A8A) Total Assets Explanation

Total Assets is connected with ROA %.

Technip Energies NV's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=372.8/( (8669.5+8671.3)/ 2 )
=372.8/8670.4
=4.30 %

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.

Technip Energies NV's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=3039.2/( (8669.5+8671.3)/ 2 )
=3039.2/8670.4
=0.35

* 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.

Technip Energies NV Total Assets Related Terms

Thank you for viewing the detailed overview of Technip Energies NV's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Technip Energies NV Business Description

Traded in Other Exchanges
Address
2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two business segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment.

Technip Energies NV Headlines

No Headlines