WZZAF (Wizz Air Holdings) Total Assets : $10,254 Mil (As of Sep. 2024)

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What is Wizz Air Holdings Total Assets?

Wizz Air Holdings's Total Assets for the quarter that ended in Sep. 2024 was $10,254 Mil.

Warning Sign:

If a company builds assets at 22.3% a year, faster than its revenue growth rate of 19.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 3 years, the average Total Assets Growth Rate was 30.00% per year. During the past 5 years, the average Total Assets Growth Rate was 22.30% per year. During the past 10 years, the average Total Assets Growth Rate was 34.90% per year.

During the past 13 years, Wizz Air Holdings's highest 3-Year average Total Assets Growth Rate was 70.00%. The lowest was 11.50%. And the median was 26.30%.

Total Assets is connected with ROA %. Wizz Air Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 13.75%. Total Assets is also linked to Revenue through Asset Turnover. Wizz Air Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.

Wizz Air Holdings Total Assets Historical Data

The historical data trend for Wizz Air Holdings'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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Wizz Air Holdings Total Assets Chart

Wizz Air Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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4,815.58

5,622.14

5,898.79

7,531.48

9,450.98

Wizz Air Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															-	-	9,450.98	-	10,254.38

Wizz Air Holdings 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.

Wizz Air Holdings's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	158.37	+	9292.609
	=	9,451

Wizz Air Holdings's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	408.324	+	9846.06
	=	10,254

Wizz Air Holdings (OTCPK:WZZAF) Total Assets Explanation

Total Assets is connected with ROA %.

Wizz Air Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	1410.432	/	( (0	+	10254.384)	/ 1 )
	=	1410.432	/	10254.384
	=	13.75 %

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

Wizz Air Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2005.327	/	( (0	+	10254.384)	/ 1 )
=	2005.327	/	10254.384
=	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.

Wizz Air Holdings Total Assets Related Terms

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Wizz Air Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (OTCPK:WZZAF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

WZZZY:USA WIZZAIR:Hungary WIZZl:UK WIZZ:UK WI2:Germany

Address

44 The Esplanade, Saint Helier, JEY, JE4 9WG

Website

https://www.wizzair.com

Wizz Air is a prominent ultralow-cost airline group operating primarily across Europe, the Middle East, North Africa, and Northwest Asia. Founded in 2003, the company offers scheduled short-haul and medium-haul point-to-point flights under the Wizz Air brand. As of March 2024, Wizz Air operated a fleet of 208 aircraft, connecting approximately 200 destinations across 50 countries.