Tessenderlo Group NV's Total Assets for the quarter that ended in Dec. 2023 was €2,915 Mil.
Warning Sign:
If a company builds assets at 9.4% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Tessenderlo Group NV's average Total Assets Growth Rate was 27.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.70% per year.
During the past 13 years, Tessenderlo Group NV's highest 3-Year average Total Assets Growth Rate was 16.80%. The lowest was -12.40%. And the median was 2.70%.
The historical data trend for Tessenderlo Group NV'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.
Tessenderlo Group NV's Total Assets for the fiscal year that ended in Dec. 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.
Tessenderlo Group NV (XBRU:TESB) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 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.
Tessenderlo Group NV's Asset Turnover for the quarter that ended in Dec. 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.
Tessenderlo Group NV Total Assets Related Terms
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Tessenderlo Group NV (XBRU:TESB) Business Description
Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.
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