EDP Renovaveis's Total Assets for the quarter that ended in Dec. 2023 was €30,047 Mil.
Warning Sign:
If a company builds assets at 12.2% a year, faster than its revenue growth rate of 3.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, EDP Renovaveis's average Total Assets Growth Rate was 9.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.30% per year.
During the past 13 years, EDP Renovaveis's highest 3-Year average Total Assets Growth Rate was 23.00%. The lowest was 1.30%. And the median was 6.00%.
The historical data trend for EDP Renovaveis'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.
EDP Renovaveis'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.
EDP Renovaveis (XLIS:EDPR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
EDP Renovaveis'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.
EDP Renovaveis Total Assets Related Terms
Thank you for viewing the detailed overview of EDP Renovaveis's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group's plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XLIS:EDPR has been successfully added to your 