Montrose Environmental Group (FRA:5MO) Total Assets : €844.7 Mil (As of Mar. 2024)

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What is Montrose Environmental Group Total Assets?

Montrose Environmental Group's Total Assets for the quarter that ended in Mar. 2024 was €844.7 Mil.

Warning Sign:

If a company builds assets at 28% a year, faster than its revenue growth rate of 17.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Montrose Environmental Group's average Total Assets Growth Rate was 28.60% per year. During the past 3 years, the average Total Assets Growth Rate was 11.80% per year. During the past 5 years, the average Total Assets Growth Rate was 28.00% per year.

During the past 6 years, Montrose Environmental Group's highest 3-Year average Total Assets Growth Rate was 43.60%. The lowest was 11.80%. And the median was 29.20%.

Total Assets is connected with ROA %. Montrose Environmental Group's annualized ROA % for the quarter that ended in Mar. 2024 was -6.17%. Total Assets is also linked to Revenue through Asset Turnover. Montrose Environmental Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Montrose Environmental Group Total Assets Historical Data

The historical data trend for Montrose Environmental Group'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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Montrose Environmental Group Total Assets Chart

Montrose Environmental Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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298.65

495.44

737.29

747.57

748.99

Montrose Environmental Group 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															731.49	762.09	783.43	748.99	844.65

Montrose Environmental Group 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.

Montrose Environmental Group'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 )
	=	294.588	+	454.405
	=	749.0

Montrose Environmental Group'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 )
	=	298.514	+	546.136
	=	844.7

Montrose Environmental Group (FRA:5MO) Total Assets Explanation

Total Assets is connected with ROA %.

Montrose Environmental Group'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 )
	=	-49.152	/	( (748.993	+	844.65)	/ 2 )
	=	-49.152	/	796.8215
	=	-6.17 %

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.

Montrose Environmental Group'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 )
=	142.899	/	( (748.993	+	844.65)	/ 2 )
=	142.899	/	796.8215
=	0.18

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.

Montrose Environmental Group Total Assets Related Terms

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Montrose Environmental Group (FRA:5MO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Montrose Environmental Group Inc (FRA:5MO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MEG:USA

Address

5120 Northshore Drive, North Little Rock, AR, USA, 72118

Website

https://www.montrose-env.com

Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminants from soil or create biogas from food or agricultural waste.

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