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Rede Energia Participacoes (BSP:REDE3) Total Assets : R$28,379 Mil (As of Mar. 2024)


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What is Rede Energia Participacoes Total Assets?

Rede Energia Participacoes's Total Assets for the quarter that ended in Mar. 2024 was R$28,379 Mil.

During the past 12 months, Rede Energia Participacoes's average Total Assets Growth Rate was 10.10% per year. During the past 3 years, the average Total Assets Growth Rate was 12.60% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was 16.50% per year.

During the past 13 years, Rede Energia Participacoes's highest 3-Year average Total Assets Growth Rate was 65.30%. The lowest was -37.60%. And the median was 8.30%.

Total Assets is connected with ROA %. Rede Energia Participacoes's annualized ROA % for the quarter that ended in Mar. 2024 was 7.40%. Total Assets is also linked to Revenue through Asset Turnover. Rede Energia Participacoes's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.


Rede Energia Participacoes Total Assets Historical Data

The historical data trend for Rede Energia Participacoes'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.

Rede Energia Participacoes Total Assets Chart

Rede Energia Participacoes 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 18,710.42 21,444.82 24,195.38 25,256.05 27,652.73

Rede Energia Participacoes 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 25,719.68 26,428.94 26,415.55 27,652.73 28,379.10

Rede Energia Participacoes 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.

Rede Energia Participacoes'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 )
=5968.436+21684.293
=27,653

Rede Energia Participacoes'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 )
=6040.253+22338.846
=28,379

* 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.


Rede Energia Participacoes  (BSP:REDE3) Total Assets Explanation

Total Assets is connected with ROA %.

Rede Energia Participacoes'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 )
=2072.952/( (27652.729+28379.099)/ 2 )
=2072.952/28015.914
=7.40 %

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.

Rede Energia Participacoes'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 )
=4363.246/( (27652.729+28379.099)/ 2 )
=4363.246/28015.914
=0.16

* 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.

Rede Energia Participacoes Total Assets Related Terms

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Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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