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Alternus Clean Energy (Alternus Clean Energy) Total Assets : $185.29 Mil (As of Dec. 2023)


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What is Alternus Clean Energy Total Assets?

Alternus Clean Energy's Total Assets for the quarter that ended in Dec. 2023 was $185.29 Mil.

During the past 12 months, Alternus Clean Energy's average Total Assets Growth Rate was 1.70% per year.

Total Assets is connected with ROA %. Alternus Clean Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -38.21%. Total Assets is also linked to Revenue through Asset Turnover. Alternus Clean Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.

Alternus Clean Energy Total Assets Historical Data

The historical data trend for Alternus Clean Energy'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.

Alternus Clean Energy Total Assets Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
209.49 178.32 185.29

Alternus Clean Energy Semi-Annual Data
Dec21 Dec22 Dec23
Total Assets 209.49 178.32 185.29

Alternus Clean Energy 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.

Alternus Clean Energy'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 )
=-63.254+248.54
=185.29

Alternus Clean Energy'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 )
=-63.254+248.54
=185.29

* 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.

Alternus Clean Energy  (NAS:ALCE) Total Assets Explanation

Total Assets is connected with ROA %.

Alternus Clean Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=-69.464/( (178.315+185.286)/ 2 )
=-69.464/181.8005
=-38.21 %

Note: The Net Income data used here is one times the annual (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.

Alternus Clean Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=20.084/( (178.315+185.286)/ 2 )
=20.084/181.8005
=0.11

* 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.

Alternus Clean Energy Total Assets Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Total Assets
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Address
Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504
Website
https://www.alternusenergy.com
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024