New Work SE (New Work SE) Total Assets : $346.7 Mil (As of Mar. 2024)

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What is New Work SE Total Assets?

New Work SE's Total Assets for the quarter that ended in Mar. 2024 was $346.7 Mil.

During the past 12 months, New Work SE's average Total Assets Growth Rate was -19.60% per year. During the past 3 years, the average Total Assets Growth Rate was -2.50% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 24.00% per year.

During the past 13 years, New Work SE's highest 3-Year average Total Assets Growth Rate was 235.90%. The lowest was -4.10%. And the median was 14.60%.

Total Assets is connected with ROA %. New Work SE's annualized ROA % for the quarter that ended in Mar. 2024 was -20.22%. Total Assets is also linked to Revenue through Asset Turnover. New Work SE's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

New Work SE Total Assets Historical Data

The historical data trend for New Work SE'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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New Work SE Total Assets Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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330.38

414.79

427.31

399.39

380.10

New Work SE 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															429.96	396.57	387.21	380.10	346.75

New Work SE 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.

New Work SE'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 )
	=	158.316	+	221.779
	=	380.1

New Work SE'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 )
	=	139.426	+	207.318
	=	346.7

New Work SE (OTCPK:XINXF) Total Assets Explanation

Total Assets is connected with ROA %.

New Work SE'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 )
	=	-73.5	/	( (380.095	+	346.745)	/ 2 )
	=	-73.5	/	363.42
	=	-20.22 %

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.

New Work SE'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 )
=	74.178	/	( (380.095	+	346.745)	/ 2 )
=	74.178	/	363.42
=	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.

New Work SE Total Assets Related Terms

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New Work SE (New Work SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (OTCPK:XINXF) » Definitions » Total Assets

Comparable Companies

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0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.