Xos (FRA:9KR0) Total Assets : €124.18 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Xos Total Assets?

Xos's Total Assets for the quarter that ended in Mar. 2024 was €124.18 Mil.

During the past 12 months, Xos's average Total Assets Growth Rate was -9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 188.50% per year.

During the past 4 years, Xos's highest 3-Year average Total Assets Growth Rate was 188.50%. The lowest was 188.50%. And the median was 188.50%.

Total Assets is connected with ROA %. Xos's annualized ROA % for the quarter that ended in Mar. 2024 was -38.55%. Total Assets is also linked to Revenue through Asset Turnover. Xos's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Xos Total Assets Historical Data

The historical data trend for Xos'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.

Xos Total Assets Chart

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

11.32

202.41

179.30

85.91

Xos Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										151.51	124.14	106.99	85.91	124.18

Xos 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.

Xos'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 )
	=	41.445	+	44.463
	=	85.91

Xos'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 )
	=	62.382	+	61.8
	=	124.18

Xos (FRA:9KR0) Total Assets Explanation

Total Assets is connected with ROA %.

Xos'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 )
	=	-40.492	/	( (85.908	+	124.182)	/ 2 )
	=	-40.492	/	105.045
	=	-38.55 %

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.

Xos'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 )
=	12.109	/	( (85.908	+	124.182)	/ 2 )
=	12.109	/	105.045
=	0.12

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.

Xos Total Assets Related Terms

Thank you for viewing the detailed overview of Xos's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

Xos (FRA:9KR0) Headlines

No Headlines