Grenke AG's Total Assets for the quarter that ended in Sep. 2024 was €8,155.7 Mil.
During the past 12 months, Grenke AG's average Total Assets Growth Rate was 12.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.
During the past 13 years, Grenke AG's highest 3-Year average Total Assets Growth Rate was 21.90%. The lowest was -3.60%. And the median was 13.30%.
Total Assets is connected with ROA %. Grenke AG's annualizedROA % for the quarter that ended in Sep. 2024 was 0.70%. Total Assets is also linked to Revenue through Asset Turnover. Grenke AG's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.
Grenke AG Total Assets Historical Data
The historical data trend for Grenke 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.
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.
Grenke AG'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.
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.
Grenke AG's Asset Turnover for the quarter that ended in Sep. 2024 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.
Grenke AG Total Assets Related Terms
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Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
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