VIASP.PFD (Via Renewables) Total Assets : $302.66 Mil (As of Mar. 2024)

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What is Via Renewables Total Assets?

Via Renewables's Total Assets for the quarter that ended in Mar. 2024 was $302.66 Mil.

During the past 12 months, Via Renewables's average Total Assets Growth Rate was -7.90% per year. During the past 3 years, the average Total Assets Growth Rate was -4.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 12 years, Via Renewables's highest 3-Year average Total Assets Growth Rate was 52.40%. The lowest was -14.60%. And the median was 0.90%.

Total Assets is connected with ROA %. Via Renewables's annualized ROA % for the quarter that ended in Mar. 2024 was 11.30%. Total Assets is also linked to Revenue through Asset Turnover. Via Renewables's Asset Turnover for the quarter that ended in Mar. 2024 was 0.38.

Via Renewables Total Assets Historical Data

The historical data trend for Via Renewables'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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Via Renewables Total Assets Chart

Via Renewables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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422.97

366.67

353.76

330.95

303.83

Via Renewables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															318.97	294.78	297.08	303.83	302.66

Via Renewables 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.

Via Renewables'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 )
	=	126.784	+	177.05
	=	303.83

Via Renewables'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 )
	=	143.513	+	159.149
	=	302.66

Via Renewables (NAS:VIASP.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Via Renewables'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 )
	=	34.268	/	( (303.834	+	302.662)	/ 2 )
	=	34.268	/	303.248
	=	11.30 %

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.

Via Renewables'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 )
=	114.056	/	( (303.834	+	302.662)	/ 2 )
=	114.056	/	303.248
=	0.38

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.

Via Renewables Total Assets Related Terms

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Via Renewables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Via Renewables Inc (NAS:VIASP.PFD) » Definitions » Total Assets

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Address

12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079

Website

https://www.viarenewables.com

Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchases electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.