Genie Total Assets from 2010 to 2024

GNE Stock  USD 16.32  0.28  1.75%   
Genie Energy's Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 173.8 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-06-30
Previous Quarter
322.8 M
Current Value
341.7 M
Quarterly Volatility
67.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Total Assets Growth Pattern

Below is the plot of the Total Assets of Genie Energy over the last few years. Total assets refers to the total amount of Genie Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Genie Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Genie Energy's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 330.56 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Genie Total Assets Regression Statistics

Arithmetic Mean165,685,713
Geometric Mean150,714,077
Coefficient Of Variation43.16
Mean Deviation49,318,284
Median155,815,000
Standard Deviation71,502,730
Sample Variance5112.6T
Range279.6M
R-Value0.78
Mean Square Error2169.3T
R-Squared0.61
Significance0.0006
Slope12,446,482
Total Sum of Squares71577T

Genie Total Assets History

2024173.8 M
2023330.6 M
2022277.6 M
2021229 M
2020187.3 M
2019156.2 M
2018146.9 M

Other Fundumenentals of Genie Energy

Genie Energy Total Assets component correlations

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0.93-0.840.320.530.710.170.60.940.08-0.220.570.040.550.070.61-0.66-0.23-0.430.740.78-0.490.77-0.6
-0.79-0.84-0.56-0.37-0.56-0.02-0.66-0.89-0.060.21-0.440.2-0.720.11-0.380.680.220.25-0.74-0.690.47-0.740.68
0.270.32-0.560.120.13-0.40.260.34-0.17-0.39-0.03-0.270.9-0.23-0.22-0.340.130.230.460.53-0.10.53-0.67
0.60.53-0.370.120.90.610.550.52-0.030.540.41-0.310.190.230.41-0.51-0.48-0.20.310.52-0.560.42-0.47
0.820.71-0.560.130.90.580.740.74-0.220.280.66-0.310.310.160.66-0.75-0.64-0.380.620.74-0.720.69-0.59
0.40.17-0.02-0.40.610.580.560.28-0.220.770.6-0.12-0.260.30.6-0.48-0.62-0.540.20.25-0.680.19-0.11
0.780.6-0.660.260.550.740.560.69-0.480.150.86-0.180.550.140.78-0.94-0.66-0.590.740.79-0.890.78-0.8
0.960.94-0.890.340.520.740.280.69-0.02-0.110.6-0.140.53-0.040.59-0.78-0.34-0.390.840.79-0.620.82-0.57
-0.150.08-0.06-0.17-0.03-0.22-0.22-0.48-0.020.13-0.530.15-0.29-0.13-0.380.520.520.32-0.45-0.480.49-0.480.42
-0.07-0.220.21-0.390.540.280.770.15-0.110.130.08-0.34-0.450.320.07-0.03-0.38-0.04-0.29-0.19-0.31-0.270.18
0.750.57-0.44-0.030.410.660.60.860.6-0.530.08-0.020.330.380.96-0.86-0.69-0.730.70.76-0.880.74-0.63
-0.050.040.2-0.27-0.31-0.31-0.12-0.18-0.140.15-0.34-0.02-0.16-0.010.110.20.58-0.16-0.23-0.220.2-0.230.19
0.510.55-0.720.90.190.31-0.260.550.53-0.29-0.450.33-0.16-0.10.18-0.6-0.09-0.10.650.75-0.340.74-0.89
0.110.070.11-0.230.230.160.30.14-0.04-0.130.320.38-0.01-0.10.33-0.09-0.34-0.320.010.17-0.370.09-0.07
0.740.61-0.38-0.220.410.660.60.780.59-0.380.070.960.110.180.33-0.75-0.65-0.790.610.66-0.760.64-0.51
-0.82-0.660.68-0.34-0.51-0.75-0.48-0.94-0.780.52-0.03-0.860.2-0.6-0.09-0.750.630.54-0.84-0.880.9-0.890.77
-0.43-0.230.220.13-0.48-0.64-0.62-0.66-0.340.52-0.38-0.690.58-0.09-0.34-0.650.630.62-0.48-0.520.67-0.520.42
-0.52-0.430.250.23-0.2-0.38-0.54-0.59-0.390.32-0.04-0.73-0.16-0.1-0.32-0.790.540.62-0.49-0.490.51-0.490.37
0.860.74-0.740.460.310.620.20.740.84-0.45-0.290.7-0.230.650.010.61-0.84-0.48-0.490.92-0.660.97-0.69
0.860.78-0.690.530.520.740.250.790.79-0.48-0.190.76-0.220.750.170.66-0.88-0.52-0.490.92-0.710.98-0.86
-0.71-0.490.47-0.1-0.56-0.72-0.68-0.89-0.620.49-0.31-0.880.2-0.34-0.37-0.760.90.670.51-0.66-0.71-0.70.59
0.860.77-0.740.530.420.690.190.780.82-0.48-0.270.74-0.230.740.090.64-0.89-0.52-0.490.970.98-0.7-0.8
-0.65-0.60.68-0.67-0.47-0.59-0.11-0.8-0.570.420.18-0.630.19-0.89-0.07-0.510.770.420.37-0.69-0.860.59-0.8
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About Genie Energy Financial Statements

Genie Energy stakeholders use historical fundamental indicators, such as Genie Energy's Total Assets, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genie Energy's assets and liabilities are reflected in the revenues and expenses on Genie Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets330.6 M173.8 M
Intangibles To Total Assets 0.04  0.06 

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When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genie Energy. If investors know Genie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.