2G Energy AG (CHIX:2GBD) Total Assets : €227.5 Mil (As of Dec. 2023)

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What is 2G Energy AG Total Assets?

2G Energy AG's Total Assets for the quarter that ended in Dec. 2023 was €227.5 Mil.

Warning Sign:

If a company builds assets at 14.2% a year, faster than its revenue growth rate of 10.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, 2G Energy AG's average Total Assets Growth Rate was 8.50% per year. During the past 3 years, the average Total Assets Growth Rate was 16.60% per year. During the past 5 years, the average Total Assets Growth Rate was 14.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 13 years, 2G Energy AG's highest 3-Year average Total Assets Growth Rate was 44.40%. The lowest was 2.20%. And the median was 10.50%.

Total Assets is connected with ROA %. 2G Energy AG's annualized ROA % for the quarter that ended in Dec. 2023 was 13.65%. Total Assets is also linked to Revenue through Asset Turnover. 2G Energy AG's Asset Turnover for the quarter that ended in Dec. 2023 was 1.02.

2G Energy AG Total Assets Historical Data

The historical data trend for 2G Energy AG'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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2G Energy AG Total Assets Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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140.92

146.56

169.70

211.60

227.45

2G Energy AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															169.70	196.89	211.60	221.53	227.45

2G Energy AG 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.

2G Energy AG'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 )
	=	123.991	+	103.463
	=	227.5

2G Energy AG'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 )
	=	123.991	+	103.463
	=	227.5

2G Energy AG (CHIX:2GBd) Total Assets Explanation

Total Assets is connected with ROA %.

2G Energy AG'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 )
	=	30.652	/	( (221.526	+	227.454)	/ 2 )
	=	30.652	/	224.49
	=	13.65 %

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.

2G Energy AG'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 )
=	229.521	/	( (221.526	+	227.454)	/ 2 )
=	229.521	/	224.49
=	1.02

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.

2G Energy AG Total Assets Related Terms

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2G Energy AG (CHIX:2GBD) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 2G Energy AG (CHIX:2GBd) » Definitions » Total Assets

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2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

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