Orkla ASA (Orkla ASA) Total Assets : $8,208 Mil (As of Dec. 2023)

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What is Orkla ASA Total Assets?

Orkla ASA's Total Assets for the quarter that ended in Dec. 2023 was $8,208 Mil.

During the past 12 months, Orkla ASA's average Total Assets Growth Rate was 8.00% 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 11.20% per year. During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 13 years, Orkla ASA's highest 3-Year average Total Assets Growth Rate was 35.60%. The lowest was -16.20%. And the median was 3.00%.

Total Assets is connected with ROA %. Orkla ASA's annualized ROA % for the quarter that ended in Dec. 2023 was 4.65%. Total Assets is also linked to Revenue through Asset Turnover. Orkla ASA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Orkla ASA Total Assets Historical Data

The historical data trend for Orkla 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.

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Orkla ASA Total Assets Chart

Orkla ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,362.26

7,236.28

7,856.94

8,165.00

8,208.24

Orkla 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															8,165.00	8,320.22	8,222.09	8,053.93	8,208.24

Orkla 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.

Orkla 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 )
	=	4431.342	+	3776.897
	=	8,208

Orkla 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 )
	=	4431.342	+	3776.897
	=	8,208

Orkla ASA (OTCPK:ORKLY) Total Assets Explanation

Total Assets is connected with ROA %.

Orkla 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 )
	=	378.032	/	( (8053.932	+	8208.239)	/ 2 )
	=	378.032	/	8131.0855
	=	4.65 %

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.

Orkla 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 )
=	1681.517	/	( (8053.932	+	8208.239)	/ 2 )
=	1681.517	/	8131.0855
=	0.21

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.

Orkla ASA Total Assets Related Terms

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Orkla ASA (Orkla ASA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ORKLF:USA ORKo:Sweden ORK:Norway ORKo:UK 0FIN:UK OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (Orkla ASA) Headlines

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