NorCom Information Technology GmbH KGaA (XTER:NC5A) Total Assets : €6.31 Mil (As of Jun. 2024)

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What is NorCom Information Technology GmbH KGaA Total Assets?

NorCom Information Technology GmbH KGaA's Total Assets for the quarter that ended in Jun. 2024 was €6.31 Mil.

During the past 12 months, NorCom Information Technology GmbH KGaA's average Total Assets Growth Rate was -2.50% per year. During the past 3 years, the average Total Assets Growth Rate was -6.30% per year. During the past 5 years, the average Total Assets Growth Rate was -7.80% per year. During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 13 years, NorCom Information Technology GmbH KGaA's highest 3-Year average Total Assets Growth Rate was 21.70%. The lowest was -43.20%. And the median was -1.00%.

Total Assets is connected with ROA %. NorCom Information Technology GmbH KGaA's annualized ROA % for the quarter that ended in Jun. 2024 was -8.46%. Total Assets is also linked to Revenue through Asset Turnover. NorCom Information Technology GmbH KGaA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.64.

NorCom Information Technology GmbH KGaA Total Assets Historical Data

The historical data trend for NorCom Information Technology GmbH KGaA'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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NorCom Information Technology GmbH KGaA Total Assets Chart

NorCom Information Technology GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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12.04

11.04

9.14

6.97

6.69

NorCom Information Technology GmbH KGaA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															8.25	6.97	6.55	6.69	6.31

NorCom Information Technology GmbH KGaA 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.

NorCom Information Technology GmbH KGaA'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 )
	=	3.694	+	2.996
	=	6.69

NorCom Information Technology GmbH KGaA's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	3.552	+	2.758
	=	6.31

NorCom Information Technology GmbH KGaA (XTER:NC5A) Total Assets Explanation

Total Assets is connected with ROA %.

NorCom Information Technology GmbH KGaA's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-0.55	/	( (6.69	+	6.31)	/ 2 )
	=	-0.55	/	6.5
	=	-8.46 %

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

NorCom Information Technology GmbH KGaA's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	4.19	/	( (6.69	+	6.31)	/ 2 )
=	4.19	/	6.5
=	0.64

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.

NorCom Information Technology GmbH KGaA Total Assets Related Terms

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NorCom Information Technology GmbH KGaA Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NorCom Information Technology GmbH & Co KGaA (XTER:NC5A) » Definitions » Total Assets

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0QY2:UK

Address

Gabelsbergerstrasse 4, Munich, BY, DEU, 80333

Website

http://www.norcom.de

NorCom Information Technology GmbH & Co KGaA develops and implements AI solutions for international companies. NorCom offers technological solutions for issues that pose challenges to almost all large corporations and large public administrations: Fast, secure work with and exchange of large amounts of data, information governance, legally compliant data lifecycle management, and the use of artificial intelligence and data analytics in the mentioned areas. NorCom offers a complete range consisting of large data and AI solutions. The services include data science consulting, software development, infrastructure services, and the software solution DaSense.

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