Avemio AG (XTER:3D6) Total Assets : €35.08 Mil (As of Jun. 2023)

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What is Avemio AG Total Assets?

Avemio AG's Total Assets for the quarter that ended in Jun. 2023 was €35.08 Mil.

During the past 12 months, Avemio AG's average Total Assets Growth Rate was 68340.00% per year.

Total Assets is connected with ROA %. Avemio AG's annualized ROA % for the quarter that ended in Jun. 2023 was 2.67%. Total Assets is also linked to Revenue through Asset Turnover. Avemio AG's Asset Turnover for the quarter that ended in Jun. 2023 was 2.84.

Avemio AG Total Assets Historical Data

The historical data trend for Avemio AG'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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Avemio AG Total Assets Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Total Assets

0.26

0.16

0.18

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Total Assets	Get a 7-Day Free Trial			0.16	0.15	0.18	0.17	35.08

Avemio AG 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.

Avemio AG's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	0.168	+	0.012
	=	0.18

Avemio AG's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	12.967	+	22.115
	=	35.08

Avemio AG (XTER:3D6) Total Assets Explanation

Total Assets is connected with ROA %.

Avemio AG's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.47	/	( (0.17	+	35.082)	/ 2 )
	=	0.47	/	17.626
	=	2.67 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Avemio AG's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	49.986	/	( (0.17	+	35.082)	/ 2 )
=	49.986	/	17.626
=	2.84

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.

Avemio AG Total Assets Related Terms

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Avemio AG (XTER:3D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (XTER:3D6) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

3D6:Germany

Address

Königsallee 60f, Dusseldorf, DEU, 40212

Website

http://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

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