Merko Ehitus AS (FRA:MKS) Total Assets : €426.1 Mil (As of Mar. 2024)

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What is Merko Ehitus AS Total Assets?

Merko Ehitus AS's Total Assets for the quarter that ended in Mar. 2024 was €426.1 Mil.

Warning Sign:

If a company builds assets at 10.4% a year, faster than its revenue growth rate of 3.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Merko Ehitus AS's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 18.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, Merko Ehitus AS's highest 3-Year average Total Assets Growth Rate was 18.40%. The lowest was -8.30%. And the median was 2.65%.

Total Assets is connected with ROA %. Merko Ehitus AS's annualized ROA % for the quarter that ended in Mar. 2024 was 4.16%. Total Assets is also linked to Revenue through Asset Turnover. Merko Ehitus AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Merko Ehitus AS Total Assets Historical Data

The historical data trend for Merko Ehitus AS'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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Merko Ehitus AS Total Assets Chart

Merko Ehitus AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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281.83

256.92

324.37

387.41

425.26

Merko Ehitus AS 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															380.18	362.46	398.85	425.26	426.11

Merko Ehitus AS 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.

Merko Ehitus AS'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 )
	=	211.9	+	213.36
	=	425.3

Merko Ehitus AS'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 )
	=	216.39	+	209.724
	=	426.1

Merko Ehitus AS (FRA:MKS) Total Assets Explanation

Total Assets is connected with ROA %.

Merko Ehitus AS'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 )
	=	17.708	/	( (425.26	+	426.114)	/ 2 )
	=	17.708	/	425.687
	=	4.16 %

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.

Merko Ehitus AS'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 )
=	81.185	/	( (425.26	+	426.114)	/ 2 )
=	81.185	/	425.687
=	0.19

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.

Merko Ehitus AS Total Assets Related Terms

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Merko Ehitus AS (FRA:MKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Merko Ehitus AS (FRA:MKS) » Definitions » Total Assets

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MRK1T:Estonia

Address

Jarvevana tee 9G, Tallinn, EST, 11314

Website

https://www.group.merko.ee

Merko Ehitus AS is a construction company. It is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments that are construction service and real estate development. Construction service contributes to the majority of the revenue. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway.