Euro-Tax pl (WAR:ETX) Total Assets : zł14.65 Mil (As of Mar. 2024)

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What is Euro-Tax pl Total Assets?

Euro-Tax pl's Total Assets for the quarter that ended in Mar. 2024 was zł14.65 Mil.

Warning Sign:

If a company builds assets at 27.2% a year, faster than its revenue growth rate of 13.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Euro-Tax pl's average Total Assets Growth Rate was -0.10% per year. During the past 3 years, the average Total Assets Growth Rate was 13.60% per year. During the past 5 years, the average Total Assets Growth Rate was 27.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.

During the past 13 years, Euro-Tax pl's highest 3-Year average Total Assets Growth Rate was 40.80%. The lowest was -21.60%. And the median was 13.80%.

Total Assets is connected with ROA %. Euro-Tax pl's annualized ROA % for the quarter that ended in Mar. 2024 was -26.08%. Total Assets is also linked to Revenue through Asset Turnover. Euro-Tax pl's Asset Turnover for the quarter that ended in Mar. 2024 was 0.47.

Euro-Tax pl Total Assets Historical Data

The historical data trend for Euro-Tax pl'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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Euro-Tax pl Total Assets Chart

Euro-Tax pl Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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13.65

14.28

13.52

14.73

16.40

Euro-Tax pl Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															16.40	14.97	16.24	16.80	14.65

Euro-Tax pl 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.

Euro-Tax pl's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	3.854	+	12.549
	=	16.40

Euro-Tax pl's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3.267	+	11.38
	=	14.65

Euro-Tax pl (WAR:ETX) Total Assets Explanation

Total Assets is connected with ROA %.

Euro-Tax pl's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-4.1	/	( (16.798	+	14.647)	/ 2 )
	=	-4.1	/	15.7225
	=	-26.08 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Euro-Tax pl's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	7.396	/	( (16.798	+	14.647)	/ 2 )
=	7.396	/	15.7225
=	0.47

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.

Euro-Tax pl Total Assets Related Terms

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Euro-Tax pl (WAR:ETX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Euro-Tax pl SA (WAR:ETX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Szel?gowska 25/2-3, Poznan, POL, 61-626

Website

http://www.euro-tax-sa.pl

Euro-Tax pl SA is a financial service provider for the polish emigrants. The company offers tax assessment and repayment services through recruitment and employment agencies. It also invests in the development of IT systems and the improvement of customer service processes.

Euro-Tax pl (WAR:ETX) Headlines

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