Ernst Russ AG (XTER:HXCK) Total Assets : €340.3 Mil (As of Dec. 2023)

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What is Ernst Russ AG Total Assets?

Ernst Russ AG's Total Assets for the quarter that ended in Dec. 2023 was €340.3 Mil.

During the past 12 months, Ernst Russ AG's average Total Assets Growth Rate was 21.00% per year. During the past 3 years, the average Total Assets Growth Rate was 21.00% per year. During the past 5 years, the average Total Assets Growth Rate was 24.30% per year. During the past 10 years, the average Total Assets Growth Rate was 22.90% per year.

During the past 13 years, Ernst Russ AG's highest 3-Year average Total Assets Growth Rate was 39.80%. The lowest was -26.80%. And the median was 10.70%.

Total Assets is connected with ROA %. Ernst Russ AG's annualized ROA % for the quarter that ended in Dec. 2023 was 22.08%. Total Assets is also linked to Revenue through Asset Turnover. Ernst Russ AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

Ernst Russ AG Total Assets Historical Data

The historical data trend for Ernst Russ 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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Ernst Russ AG Total Assets Chart

Ernst Russ AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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148.71

163.37

263.70

283.28

340.27

Ernst Russ AG Quarterly Data
	Jun18	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															283.28	-	293.93	-	340.27

Ernst Russ 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.

Ernst Russ AG'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 )
	=	260.09	+	80.183
	=	340.3

Ernst Russ AG's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	260.09	+	80.183
	=	340.3

Ernst Russ AG (XTER:HXCK) Total Assets Explanation

Total Assets is connected with ROA %.

Ernst Russ AG's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	75.128	/	( (0	+	340.273)	/ 1 )
	=	75.128	/	340.273
	=	22.08 %

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.

Ernst Russ AG's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	53.369	/	( (0	+	340.273)	/ 1 )
=	53.369	/	340.273
=	0.16

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.

Ernst Russ AG Total Assets Related Terms

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Ernst Russ AG (XTER:HXCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ernst Russ AG (XTER:HXCK) » Definitions » Total Assets

Traded in Other Exchanges

HXCK:Germany HXCK:Germany HXCK:Germany

Address

Elbchaussee 370, Hamburg, DEU, Elbchaussee 370

Website

https://www.ernst-russ.de

Ernst Russ AG is a principal investment firm specializing in fund of fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its own behalf and on behalf of third parties. The Asset Classes , life insurance , secondary market and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.

Executives

Robert Lorenz-meyer	Supervisory Board
Robert Gärtner	Board of Directors
Ingo Kuhlmann	Supervisory Board
Alexander Stuhlmann	Supervisory Board

Ernst Russ AG (XTER:HXCK) Headlines

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