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Citicore Renewable Energy (PHS:CREC) Total Assets : ₱39,048 Mil (As of Jun. 2024)


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What is Citicore Renewable Energy Total Assets?

Citicore Renewable Energy's Total Assets for the quarter that ended in Jun. 2024 was ₱39,048 Mil.

Total Assets is connected with ROA %. Citicore Renewable Energy's annualized ROA % for the quarter that ended in Jun. 2024 was 2.34%. Total Assets is also linked to Revenue through Asset Turnover. Citicore Renewable Energy's Asset Turnover for the quarter that ended in Jun. 2024 was 0.05.

Citicore Renewable Energy Total Assets Historical Data

The historical data trend for Citicore Renewable Energy'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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Citicore Renewable Energy Total Assets Chart

Citicore Renewable Energy Annual Data
Trend
Total Assets

Citicore Renewable Energy Semi-Annual Data
Jun23 Jun24
Total Assets - 39,047.92

Citicore Renewable Energy 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.

Citicore Renewable Energy's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

Citicore Renewable Energy'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 )
=18206.057+20841.864
=39,048

* 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.

Citicore Renewable Energy  (PHS:CREC) Total Assets Explanation

Total Assets is connected with ROA %.

Citicore Renewable Energy's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=912.804/( (0+39047.921)/ 1 )
=912.804/39047.921
=2.34 %

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.

Citicore Renewable Energy's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2086.52/( (0+39047.921)/ 1 )
=2086.52/39047.921
=0.05

* 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.

Citicore Renewable Energy Total Assets Related Terms

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Citicore Renewable Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Citicore Renewable Energy Corp (PHS:CREC) » Definitions » Total Assets
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Address
Santolan Road, Little Baguio, 11th Floor, Rockwell Santolan Town Plaza, San Juan, LUN, PHL
Website
https://www.crec.com.ph
Citicore Renewable Energy Corp is a company that is pure renewable energy developer and operator of solar, run-of-river hydro, and off-shore wind energy platforms in the country. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development.

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