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IPAS Indexo (ORSE:IDX1R) Total Assets : €17.33 Mil (As of Mar. 2024)


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What is IPAS Indexo Total Assets?

IPAS Indexo's Total Assets for the quarter that ended in Mar. 2024 was €17.33 Mil.

Warning Sign:

If a company builds assets at 140.5% a year, faster than its revenue growth rate of 52.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, IPAS Indexo's average Total Assets Growth Rate was 234.00% per year. During the past 3 years, the average Total Assets Growth Rate was 115.10% per year. During the past 5 years, the average Total Assets Growth Rate was 140.50% per year.

During the past 6 years, IPAS Indexo's highest 3-Year average Total Assets Growth Rate was 150.40%. The lowest was 115.10%. And the median was 143.60%.

Total Assets is connected with ROA %. IPAS Indexo's annualized ROA % for the quarter that ended in Mar. 2024 was -32.66%. Total Assets is also linked to Revenue through Asset Turnover. IPAS Indexo's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

IPAS Indexo Total Assets Historical Data

The historical data trend for IPAS Indexo'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.

IPAS Indexo Total Assets Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1.09 1.79 2.04 8.79 7.32

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 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 8.21 7.68 7.23 7.32 17.33

IPAS Indexo 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.

IPAS Indexo'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 )
=5.872+1.443
=7.32

IPAS Indexo'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 )
=13.983+3.345
=17.33

* 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.

IPAS Indexo  (ORSE:IDX1R) Total Assets Explanation

Total Assets is connected with ROA %.

IPAS Indexo'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 )
=-4.024/( (7.316+17.328)/ 2 )
=-4.024/12.322
=-32.66 %

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.

IPAS Indexo'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 )
=0.924/( (7.316+17.328)/ 2 )
=0.924/12.322
=0.07

* 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.

IPAS Indexo Total Assets Related Terms

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IPAS Indexo (ORSE:IDX1R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IPAS Indexo (ORSE:IDX1R) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
Website
https://www.indexo.lv
IPAS Indexo is a licensed investment management company. INDEXO has revolutionized the pension administration market, now the company is working to do the same in the banking sector and establish a new, strong, modern, and customer-friendly bank. Its products include the 2nd pension level and 3. pension level.

IPAS Indexo (ORSE:IDX1R) Headlines

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