Mowi ASA (Mowi ASA) Total Assets

: $8,985 Mil (As of Dec. 2023)

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Mowi ASA's Total Assets for the quarter that ended in Dec. 2023 was $8,985 Mil.

Warning Sign:

If a company builds assets at 12% a year, faster than its revenue growth rate of 9.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mowi ASA's average Total Assets Growth Rate was 18.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.50% per year. During the past 5 years, the average Total Assets Growth Rate was 12.00% per year. During the past 10 years, the average Total Assets Growth Rate was 10.10% per year.

During the past 13 years, Mowi ASA's highest 3-Year average Total Assets Growth Rate was 102.00%. The lowest was -30.40%. And the median was 9.50%.

Total Assets is connected with ROA %. Mowi ASA's annualized ROA % for the quarter that ended in Dec. 2023 was 8.96%. Total Assets is also linked to Revenue through Asset Turnover. Mowi ASA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Mowi ASA Total Assets Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,489.00

7,112.04

7,072.88

7,978.07

8,984.73

Mowi ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															7,978.07	7,997.54	8,133.69	8,210.78	8,984.73

Mowi ASA 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.

Mowi ASA'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 )
	=	4094.547	+	4890.185
	=	8,985

Mowi ASA'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 )
	=	4094.547	+	4890.185
	=	8,985

Mowi ASA (OTCPK:MHGVY) Total Assets Explanation

Total Assets is connected with ROA %.

Mowi ASA's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	770.776	/	( (8210.779	+	8984.733)	/ 2 )
	=	770.776	/	8597.756
	=	8.96 %

Note: The Net Income data used here is four times the quarterly (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.

Mowi ASA's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1525.627	/	( (8210.779	+	8984.733)	/ 2 )
=	1525.627	/	8597.756
=	0.18

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.

Mowi ASA Total Assets Related Terms

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Mowi ASA (Mowi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (OTCPK:MHGVY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MNHVF:USA MOWI:Sweden MOWI:Norway MOWIo:UK 0OAW:UK PND:Germany

Address

Sandviksboder 77A/B, Bergen, NOR, 5035

Website

https://www.mowi.com

Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (Mowi ASA) Headlines

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