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Greenvolt - Energias Renovaveis (XLIS:GVOLT) Total Assets : €2,287.4 Mil (As of Dec. 2023)


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What is Greenvolt - Energias Renovaveis Total Assets?

Greenvolt - Energias Renovaveis's Total Assets for the quarter that ended in Dec. 2023 was €2,287.4 Mil.

Warning Sign:

If a company builds assets at 71.7% a year, faster than its revenue growth rate of 46.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Greenvolt - Energias Renovaveis's average Total Assets Growth Rate was 58.70% per year. During the past 3 years, the average Total Assets Growth Rate was 115.50% per year. During the past 5 years, the average Total Assets Growth Rate was 71.70% per year.

During the past 6 years, Greenvolt - Energias Renovaveis's highest 3-Year average Total Assets Growth Rate was 115.50%. The lowest was 66.20%. And the median was 82.80%.

Total Assets is connected with ROA %. Greenvolt - Energias Renovaveis's annualized ROA % for the quarter that ended in Dec. 2023 was -0.88%. Total Assets is also linked to Revenue through Asset Turnover. Greenvolt - Energias Renovaveis's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Greenvolt - Energias Renovaveis Total Assets Historical Data

The historical data trend for Greenvolt - Energias Renovaveis'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.

Greenvolt - Energias Renovaveis Total Assets Chart

Greenvolt - Energias Renovaveis Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 204.18 196.42 1,007.88 1,530.26 2,287.38

Greenvolt - Energias Renovaveis Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,530.26 1,798.15 2,003.39 2,054.86 2,287.38

Greenvolt - Energias Renovaveis 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.

Greenvolt - Energias Renovaveis'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 )
=572.346+1715.038
=2,287.4

Greenvolt - Energias Renovaveis'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 )
=572.346+1715.038
=2,287.4

* 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.


Greenvolt - Energias Renovaveis  (XLIS:GVOLT) Total Assets Explanation

Total Assets is connected with ROA %.

Greenvolt - Energias Renovaveis'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 )
=-19.008/( (2054.859+2287.384)/ 2 )
=-19.008/2171.1215
=-0.88 %

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.

Greenvolt - Energias Renovaveis'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 )
=95.588/( (2054.859+2287.384)/ 2 )
=95.588/2171.1215
=0.04

* 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.

Greenvolt - Energias Renovaveis Total Assets Related Terms

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Greenvolt - Energias Renovaveis (XLIS:GVOLT) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo 818, Porto, PRT, PT-4100-320
Greenvolt - Energias Renovaveis SA is specialized in the production of electricity from renewable energy sources. It has three operating segments. Biomass & Structure has five energy production plants through forest biomass in Portugal, the costs of the corporate structure of Greenvolt, and the plant in Tilbury. The development of Solar & wind energy includes the activities of development, construction, & exploration of photovoltaic & wind energy, with the subsidiaries Greenvolt Power & Sustainable Energy One being the main contributors to the segment. Distributed generation includes the contributions from subsidiaries Greenvolt Next Portugal, Greenvolt Next Portugal II Invest, Perfecta Energía, Greenvolt Comunidades, & Univergy. The key revenue is from the biomass & structure segment.

Greenvolt - Energias Renovaveis (XLIS:GVOLT) Headlines

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