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Enphase Energy (Enphase Energy) Total Assets : $3,233 Mil (As of Mar. 2024)


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What is Enphase Energy Total Assets?

Enphase Energy's Total Assets for the quarter that ended in Mar. 2024 was $3,233 Mil.

Warning Sign:

If a company builds assets at 49.5% a year, faster than its revenue growth rate of 42.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Enphase Energy's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was 48.00% per year. During the past 5 years, the average Total Assets Growth Rate was 49.50% per year. During the past 10 years, the average Total Assets Growth Rate was 38.20% per year.

During the past 13 years, Enphase Energy's highest 3-Year average Total Assets Growth Rate was 84.30%. The lowest was 8.30%. And the median was 47.00%.

Total Assets is connected with ROA %. Enphase Energy's annualized ROA % for the quarter that ended in Mar. 2024 was -1.95%. Total Assets is also linked to Revenue through Asset Turnover. Enphase Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.


Enphase Energy Total Assets Historical Data

The historical data trend for Enphase Energy'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.

* Premium members only.

Enphase Energy Total Assets Chart

Enphase Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 713.22 1,200.10 2,079.26 3,084.28 3,383.01

Enphase Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,380.85 3,465.88 3,553.94 3,383.01 3,232.98

Enphase Energy 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.

Enphase Energy'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 )
=983.624+2399.388
=3,383

Enphase Energy'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 )
=922.723+2310.257
=3,233

* 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.


Enphase Energy  (NAS:ENPH) Total Assets Explanation

Total Assets is connected with ROA %.

Enphase Energy's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-64.388/( (3383.012+3232.98)/ 2 )
=-64.388/3307.996
=-1.95 %

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.

Enphase Energy's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=263.339/( (3383.012+3232.98)/ 2 )
=263.339/3307.996
=0.08

* 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.

Enphase Energy Total Assets Related Terms

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Enphase Energy (Enphase Energy) Business Description

Traded in Other Exchanges
Address
47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
Executives
Badrinarayanan Kothandaraman officer: President & CEO ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
David A Ranhoff officer: VP & Chief Commercial Officer MEMC ELECTRONIC MATERIALS, 501 PEARL DRIVE, ST. PETERS MO 63366
Richard Mora director C/O LANDIS+GYR, 30000 MILL CREEK AVE, SUITE 3022, ALPHARETTA GA 30022
Mandy Yang officer: Chief Accounting Officer C/O ENPHASE ENERGY, INC., 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Jeff Mcneil officer: Chief Operating Officer 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joseph Ian Malchow director C/O ENPHASE ENERGY, 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Benjamin John Kortlang director, 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025
Eric Branderiz officer: VP & Chief Financial Officer 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Jamie Elizabeth Haenggi director 1501 YAMATO ROAD, BOCA RATON FL 33431
Moreno Isidoro Quiroga 10 percent owner VENIDA PRESIDENTE RIESCO 5711 OFICINA 16, LAS CONDES, SANTIAGO F3 7550000
South Lake One Llc 10 percent owner 250 WEST 55TH STREET, NEW YORK NY 10019
John Howard Weber director 600 CORPORATION DRIVE, PENDLETON IN 46064
Humberto Garcia officer: VP and CFO 1420 N. MCDOWELL BLVD., PETALUMA CA 94954

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