TUI AG's Total Assets for the quarter that ended in Mar. 2024 was £13,882 Mil.
During the past 12 months, TUI AG's average Total Assets Growth Rate was 7.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.
During the past 13 years, TUI AG's highest 3-Year average Total Assets Growth Rate was 7.70%. The lowest was -9.40%. And the median was -0.10%.
Total Assets is connected with ROA %. TUI AG's annualizedROA % for the quarter that ended in Mar. 2024 was -7.39%. Total Assets is also linked to Revenue through Asset Turnover. TUI AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.
TUI AG Total Assets Historical Data
The historical data trend for TUI 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.
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.
TUI AG's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
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.
TUI AG's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
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.
TUI AG Total Assets Related Terms
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TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.
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