Taqa Morocco (CAS:TQM) Total Assets : MAD22,206 Mil (As of Jun. 2023)

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What is Taqa Morocco Total Assets?

Taqa Morocco's Total Assets for the quarter that ended in Jun. 2023 was MAD22,206 Mil.

During the past 12 months, Taqa Morocco's average Total Assets Growth Rate was 1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 5.50% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was 1.80% per year.

During the past 13 years, Taqa Morocco's highest 3-Year average Total Assets Growth Rate was 24.50%. The lowest was -4.40%. And the median was 0.85%.

Total Assets is connected with ROA %. Taqa Morocco's annualized ROA % for the quarter that ended in Jun. 2023 was 4.10%. Total Assets is also linked to Revenue through Asset Turnover. Taqa Morocco's Asset Turnover for the quarter that ended in Jun. 2023 was 0.33.

Taqa Morocco Total Assets Historical Data

The historical data trend for Taqa Morocco'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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Taqa Morocco Total Assets Chart

Taqa Morocco Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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20,399.76

19,248.15

19,635.39

19,395.07

22,534.47

Taqa Morocco Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															19,794.43	19,395.07	21,294.58	22,534.47	22,206.29

Taqa Morocco 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.

Taqa Morocco's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	7553.217	+	14981.248
	=	22,534

Taqa Morocco's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	7333.149	+	14873.136
	=	22,206

Taqa Morocco (CAS:TQM) Total Assets Explanation

Total Assets is connected with ROA %.

Taqa Morocco's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	916.138	/	( (22534.465	+	22206.285)	/ 2 )
	=	916.138	/	22370.375
	=	4.10 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Taqa Morocco's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	7448.283	/	( (22534.465	+	22206.285)	/ 2 )
=	7448.283	/	22370.375
=	0.33

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.

Taqa Morocco Total Assets Related Terms

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Taqa Morocco (CAS:TQM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Taqa Morocco SA (CAS:TQM) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR

Website

https://www.taqamorocco.ma

Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

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