Nordwest Handel AG (FRA:NWX) Total Assets : €446.3 Mil (As of Mar. 2024)

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What is Nordwest Handel AG Total Assets?

Nordwest Handel AG's Total Assets for the quarter that ended in Mar. 2024 was €446.3 Mil.

During the past 12 months, Nordwest Handel AG's average Total Assets Growth Rate was -6.00% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.70% per year. During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 13 years, Nordwest Handel AG's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -3.10%. And the median was 7.70%.

Total Assets is connected with ROA %. Nordwest Handel AG's annualized ROA % for the quarter that ended in Mar. 2024 was 2.72%. Total Assets is also linked to Revenue through Asset Turnover. Nordwest Handel AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.45.

Nordwest Handel AG Total Assets Historical Data

The historical data trend for Nordwest Handel 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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Nordwest Handel AG Total Assets Chart

Nordwest Handel AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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254.06

270.36

311.93

340.14

356.10

Nordwest Handel AG 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															474.68	451.47	477.45	356.10	446.32

Nordwest Handel 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.

Nordwest Handel 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 )
	=	107.377	+	248.721
	=	356.1

Nordwest Handel AG'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 )
	=	110.104	+	336.219
	=	446.3

Nordwest Handel AG (FRA:NWX) Total Assets Explanation

Total Assets is connected with ROA %.

Nordwest Handel AG'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 )
	=	10.908	/	( (356.098	+	446.323)	/ 2 )
	=	10.908	/	401.2105
	=	2.72 %

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.

Nordwest Handel AG'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 )
=	181.718	/	( (356.098	+	446.323)	/ 2 )
=	181.718	/	401.2105
=	0.45

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.

Nordwest Handel AG Total Assets Related Terms

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Nordwest Handel AG (FRA:NWX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Nordwest Handel AG (FRA:NWX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NWX:Germany NWX:Germany

Address

Robert-Schuman-Strasse 17, Dortmund, DEU, D-44263

Website

http://www.nordwest.com

Nordwest Handel AG provides procurement, finance, logistics, IT, and sales services for small and medium sized businesses. It trades in various steel products, such as molded steel/broad flanged beams; and trades in occupational health and safety, construction equipment and components. The company also supplies sanitary/bathroom ceramics and fittings, bathroom furniture and radiators, shower separations, and accessories to plumbers, fitters, and housing societies, as well as to private building owners and renovators.

Nordwest Handel AG (FRA:NWX) Headlines

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