Maxeon Solar Technologies (STU:5QJ) Total Assets : €774.8 Mil (As of Mar. 2024)

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What is Maxeon Solar Technologies Total Assets?

Maxeon Solar Technologies's Total Assets for the quarter that ended in Mar. 2024 was €774.8 Mil.

During the past 12 months, Maxeon Solar Technologies's average Total Assets Growth Rate was -24.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.60% per year. During the past 5 years, the average Total Assets Growth Rate was 0.20% per year.

During the past 6 years, Maxeon Solar Technologies's highest 3-Year average Total Assets Growth Rate was 3.30%. The lowest was 0.80%. And the median was 1.60%.

Total Assets is connected with ROA %. Maxeon Solar Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -34.83%. Total Assets is also linked to Revenue through Asset Turnover. Maxeon Solar Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

Maxeon Solar Technologies Total Assets Historical Data

The historical data trend for Maxeon Solar Technologies'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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Maxeon Solar Technologies Total Assets Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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891.19

805.84

935.04

1,189.84

918.84

Maxeon Solar Technologies 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															1,183.88	1,342.33	1,218.80	918.84	774.78

Maxeon Solar Technologies 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.

Maxeon Solar Technologies'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 )
	=	4.257	+	914.586
	=	918.8

Maxeon Solar Technologies'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 )
	=	-62.115	+	836.892
	=	774.8

Maxeon Solar Technologies (STU:5QJ) Total Assets Explanation

Total Assets is connected with ROA %.

Maxeon Solar Technologies'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 )
	=	-294.944	/	( (918.842	+	774.777)	/ 2 )
	=	-294.944	/	846.8095
	=	-34.83 %

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.

Maxeon Solar Technologies'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 )
=	172.46	/	( (918.842	+	774.777)	/ 2 )
=	172.46	/	846.8095
=	0.20

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.

Maxeon Solar Technologies Total Assets Related Terms

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Maxeon Solar Technologies (STU:5QJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (STU:5QJ) » Definitions » Total Assets

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Traded in Other Exchanges

MAXN:USA 5QJ:Germany

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.

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