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Sparta AG (FRA:SPT6) Total Assets : €180.97 Mil (As of Dec. 2023)


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What is Sparta AG Total Assets?

Sparta AG's Total Assets for the quarter that ended in Dec. 2023 was €180.97 Mil.

During the past 12 months, Sparta AG's average Total Assets Growth Rate was -5.80% per year. During the past 3 years, the average Total Assets Growth Rate was 12.70% per year. During the past 5 years, the average Total Assets Growth Rate was 18.10% per year. During the past 10 years, the average Total Assets Growth Rate was 19.70% per year.

During the past 13 years, Sparta AG's highest 3-Year average Total Assets Growth Rate was 70.90%. The lowest was 0.10%. And the median was 21.20%.

Total Assets is connected with ROA %. Sparta AG's annualized ROA % for the quarter that ended in Dec. 2023 was -5.64%. Total Assets is also linked to Revenue through Asset Turnover. Sparta AG's Asset Turnover for the quarter that ended in Dec. 2023 was -0.02.


Sparta AG Total Assets Historical Data

The historical data trend for Sparta 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.

* Premium members only.

Sparta AG Total Assets Chart

Sparta AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.14 127.96 146.39 192.06 180.97

Sparta AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146.39 112.59 192.06 186.08 180.97

Sparta 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.

Sparta 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 )
=173.922+7.047
=180.97

Sparta 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 )
=173.922+7.047
=180.97

* 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.


Sparta AG  (FRA:SPT6) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-10.356/( (186.079+180.969)/ 2 )
=-10.356/183.524
=-5.64 %

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

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

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-4.429/( (186.079+180.969)/ 2 )
=-4.429/183.524
=-0.02

* 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.

Sparta AG Total Assets Related Terms

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Sparta AG (FRA:SPT6) Business Description

Traded in Other Exchanges
Address
Brook 1, Hamburg, DEU, 20457
Sparta AG invests in German and Swiss securities. The firm is publicly owned and provides financial consultancy to public and private companies.

Sparta AG (FRA:SPT6) Headlines

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