029 Group SE (XTER:Z29) Total Assets : €17.34 Mil (As of Dec. 2023)

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What is 029 Group SE Total Assets?

029 Group SE's Total Assets for the quarter that ended in Dec. 2023 was €17.34 Mil.

During the past 12 months, 029 Group SE's average Total Assets Growth Rate was -20.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1530.10% per year. During the past 5 years, the average Total Assets Growth Rate was 193.60% per year.

During the past 6 years, 029 Group SE's highest 3-Year average Total Assets Growth Rate was 1530.10%. The lowest was -73.00%. And the median was 391.80%.

Total Assets is connected with ROA %. 029 Group SE's annualized ROA % for the quarter that ended in Dec. 2023 was -53.39%. Total Assets is also linked to Revenue through Asset Turnover. 029 Group SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

029 Group SE Total Assets Historical Data

The historical data trend for 029 Group SE'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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029 Group SE Total Assets Chart

029 Group SE Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.18

0.17

0.15

21.89

17.34

029 Group SE Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial					0.15	-	21.89	21.97	17.34

029 Group SE 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.

029 Group SE'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 )
	=	15.656	+	1.682
	=	17.34

029 Group SE'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 )
	=	15.656	+	1.682
	=	17.34

029 Group SE (XTER:Z29) Total Assets Explanation

Total Assets is connected with ROA %.

029 Group SE's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-10.492	/	( (21.968	+	17.338)	/ 2 )
	=	-10.492	/	19.653
	=	-53.39 %

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

029 Group SE's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (21.968	+	17.338)	/ 2 )
=	0	/	19.653
=	0.00

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.

029 Group SE Total Assets Related Terms

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029 Group SE (XTER:Z29) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 029 Group SE (XTER:Z29) » Definitions » Total Assets

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Z29:Germany

Address

Neue Schonhauserstr. 3-5, Berlin, DEU, 10178

Website

https://www.029-group.com/de

029 Group SE is a hospitality and lifestyle platform blending luxury, technology, and community to build and support category-defining brands aimed at making people's lives happier. The company investment is focused on two business sectors which are Hospitality and Lifestyle. The company operates in three segments Hospitality, Enabling Technologies, and Consumer Brands.

029 Group SE (XTER:Z29) Headlines

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