METRO AG's Total Assets for the quarter that ended in Sep. 2023 was €11,648 Mil.
During the past 12 months, METRO AG's average Total Assets Growth Rate was -8.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -8.80% per year.
During the past 10 years, the average Total Assets Growth Rate was -3.40% per year.
During the past 11 years, METRO AG's highest 3-Year average Total Assets Growth Rate was 5.90%. The lowest was -12.80%. And the median was -2.45%.
Total Assets is connected with ROA %. METRO AG's annualizedROA % for the quarter that ended in Sep. 2023 was -5.07%. Total Assets is also linked to Revenue through Asset Turnover. METRO AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.67.
METRO AG Total Assets Historical Data
The historical data trend for METRO AG'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.
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.
METRO AG's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Sep. 2023) 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.
METRO AG's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
METRO AG Total Assets Related Terms
Thank you for viewing the detailed overview of METRO AG's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.
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