SOLON AG fuer Solartechnik (LTS:0G3C) Total Assets : €466.3 Mil (As of Sep. 2011)

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What is SOLON AG fuer Solartechnik Total Assets?

SOLON AG fuer Solartechnik's Total Assets for the quarter that ended in Sep. 2011 was €466.3 Mil.

Warning Sign:

If a company builds asset at 29.3% a year, faster than its revenue growth rate of 8% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, SOLON AG fuer Solartechnik's average Total Assets Growth Rate was 12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.00% per year. During the past 5 years, the average Total Assets Growth Rate was 29.30% per year.

During the past 8 years, SOLON AG fuer Solartechnik's highest 3-Year average Total Assets Growth Rate was 135.80%. The lowest was 2.00%. And the median was 75.20%.

Total Assets is connected with ROA %. SOLON AG fuer Solartechnik's annualized ROA % for the quarter that ended in Sep. 2011 was -107.93%. Total Assets is also linked to Revenue through Asset Turnover. SOLON AG fuer Solartechnik's Asset Turnover for the quarter that ended in Sep. 2011 was 0.20.

SOLON AG fuer Solartechnik Total Assets Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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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SOLON AG fuer Solartechnik Total Assets Chart

SOLON AG fuer Solartechnik Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Total Assets

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326.91

764.01

903.06

642.70

667.54

SOLON AG fuer Solartechnik Quarterly Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Total Assets	Get a 7-Day Free Trial												663.89	667.54	673.41	610.22	466.29

SOLON AG fuer Solartechnik 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.

SOLON AG fuer Solartechnik's Total Assets for the fiscal year that ended in Dec. 2010 is calculated as

Total Assets	=	Total Equity (A: Dec. 2010 )	+	Total Liabilities (A: Dec. 2010 )
	=	107.847	+	559.696
	=	667.5

SOLON AG fuer Solartechnik's Total Assets for the quarter that ended in Sep. 2011 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2011 )	+	Total Liabilities (Q: Sep. 2011 )
	=	-103.103	+	569.395
	=	466.3

SOLON AG fuer Solartechnik (LTS:0G3C) Total Assets Explanation

Total Assets is connected with ROA %.

SOLON AG fuer Solartechnik's annualized ROA % for the quarter that ended in Sep. 2011 is

ROA %	=	Net Income (Q: Sep. 2011 )	/	( (Total Assets (Q: Jun. 2011 )	+	Total Assets (Q: Sep. 2011 ))	/ count )
	=	-580.912	/	( (610.217	+	466.292)	/ 2 )
	=	-580.912	/	538.2545
	=	-107.93 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) 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.

SOLON AG fuer Solartechnik's Asset Turnover for the quarter that ended in Sep. 2011 is

	Asset Turnover
=	Revenue (Q: Sep. 2011 )	/	( (Total Assets (Q: Jun. 2011 )	+	Total Assets (Q: Sep. 2011 ))	/ count )
=	108.304	/	( (610.217	+	466.292)	/ 2 )
=	108.304	/	538.2545
=	0.20

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.

SOLON AG fuer Solartechnik Total Assets Related Terms

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SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SOLON AG fuer Solartechnik (LTS:0G3C) » Definitions » Total Assets

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Address

3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714

Website

http://www.solon.com

SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

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