Zeo Energy (Zeo Energy) Total Assets : $51.59 Mil (As of Mar. 2024)

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What is Zeo Energy Total Assets?

Zeo Energy's Total Assets for the quarter that ended in Mar. 2024 was $51.59 Mil.

During the past 12 months, Zeo Energy's average Total Assets Growth Rate was 21.40% per year.

Total Assets is connected with ROA %. Zeo Energy's annualized ROA % for the quarter that ended in Mar. 2024 was -9.55%. Total Assets is also linked to Revenue through Asset Turnover. Zeo Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.39.

Zeo Energy Total Assets Historical Data

The historical data trend for Zeo 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.

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Zeo Energy Total Assets Chart

Zeo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

32.37

35.20

47.99

Zeo Energy Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial			35.20	-	44.07	47.99	51.59

Zeo 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.

Zeo 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 )
	=	32.333	+	15.654
	=	47.99

Zeo Energy'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 )
	=	22.66	+	28.926
	=	51.59

Zeo Energy (NAS:ZEO) Total Assets Explanation

Total Assets is connected with ROA %.

Zeo Energy'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 )
	=	-4.756	/	( (47.987	+	51.586)	/ 2 )
	=	-4.756	/	49.7865
	=	-9.55 %

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.

Zeo Energy'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 )
=	19.488	/	( (47.987	+	51.586)	/ 2 )
=	19.488	/	49.7865
=	0.39

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.

Zeo Energy Total Assets Related Terms

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Zeo Energy (Zeo Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zeo Energy Corp (NAS:ZEO) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654

Website

Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.