CCC Intelligent Solutions Holdings (FRA:0B1) Total Assets : €2,781.8 Mil (As of Mar. 2024)

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What is CCC Intelligent Solutions Holdings Total Assets?

CCC Intelligent Solutions Holdings's Total Assets for the quarter that ended in Mar. 2024 was €2,781.8 Mil.

During the past 12 months, CCC Intelligent Solutions Holdings's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.00% per year.

During the past 5 years, CCC Intelligent Solutions Holdings's highest 3-Year average Total Assets Growth Rate was -2.00%. The lowest was -2.00%. And the median was -2.00%.

Total Assets is connected with ROA %. CCC Intelligent Solutions Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -0.23%. Total Assets is also linked to Revenue through Asset Turnover. CCC Intelligent Solutions Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

CCC Intelligent Solutions Holdings Total Assets Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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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CCC Intelligent Solutions Holdings Total Assets Chart

CCC Intelligent Solutions Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

2,626.75

2,865.21

3,163.27

2,797.80

CCC Intelligent Solutions Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											3,120.89	3,048.11	3,131.25	2,797.80	2,781.77

CCC Intelligent Solutions Holdings 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.

CCC Intelligent Solutions Holdings'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 )
	=	1649.556	+	1148.248
	=	2,797.8

CCC Intelligent Solutions Holdings'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 )
	=	1657.136	+	1124.631
	=	2,781.8

CCC Intelligent Solutions Holdings (FRA:0B1) Total Assets Explanation

Total Assets is connected with ROA %.

CCC Intelligent Solutions Holdings'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 )
	=	-6.4	/	( (2797.804	+	2781.767)	/ 2 )
	=	-6.4	/	2789.7855
	=	-0.23 %

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.

CCC Intelligent Solutions Holdings'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 )
=	209.058	/	( (2797.804	+	2781.767)	/ 2 )
=	209.058	/	2789.7855
=	0.07

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.

CCC Intelligent Solutions Holdings Total Assets Related Terms

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CCC Intelligent Solutions Holdings (FRA:0B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (FRA:0B1) » Definitions » Total Assets

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Traded in Other Exchanges

CCCS:USA

Address

167 North Green Street, 9th Floor, Chicago, IL, USA, 60607

Website

https://www.cccis.com

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

CCC Intelligent Solutions Holdings (FRA:0B1) Headlines

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