Polytec Holding AG (WBO:PYT) Total Assets : €533.0 Mil (As of Dec. 2023)

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What is Polytec Holding AG Total Assets?

Polytec Holding AG's Total Assets for the quarter that ended in Dec. 2023 was €533.0 Mil.

During the past 12 months, Polytec Holding AG's average Total Assets Growth Rate was -2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.60% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, Polytec Holding AG's highest 3-Year average Total Assets Growth Rate was 54.60%. The lowest was -37.30%. And the median was 4.20%.

Total Assets is connected with ROA %. Polytec Holding AG's annualized ROA % for the quarter that ended in Dec. 2023 was -3.88%. Total Assets is also linked to Revenue through Asset Turnover. Polytec Holding AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Polytec Holding AG Total Assets Historical Data

The historical data trend for Polytec Holding 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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Polytec Holding AG Total Assets Chart

Polytec Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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592.96

568.86

568.50

551.19

533.03

Polytec Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															551.19	561.96	549.56	538.21	533.03

Polytec Holding 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.

Polytec Holding 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 )
	=	220.512	+	312.513
	=	533.0

Polytec Holding AG's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	220.512	+	312.513
	=	533.0

Polytec Holding AG (WBO:PYT) Total Assets Explanation

Total Assets is connected with ROA %.

Polytec Holding AG's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-20.78	/	( (538.206	+	533.025)	/ 2 )
	=	-20.78	/	535.6155
	=	-3.88 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Polytec Holding AG's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	150.808	/	( (538.206	+	533.025)	/ 2 )
=	150.808	/	535.6155
=	0.28

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.

Polytec Holding AG Total Assets Related Terms

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Polytec Holding AG (WBO:PYT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polytec Holding AG (WBO:PYT) » Definitions » Total Assets

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Traded in Other Exchanges

P4N:Germany

Address

Polytec-Strasse 1, Hoersching, AUT, 4063

Website

https://www.polytec-group.com

Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-Styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.

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