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Finnair Oyj (OHEL:FIA1S) Total Assets : €3,815 Mil (As of Mar. 2024)


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What is Finnair Oyj Total Assets?

Finnair Oyj's Total Assets for the quarter that ended in Mar. 2024 was €3,815 Mil.

During the past 12 months, Finnair Oyj's average Total Assets Growth Rate was 7.50% per year. During the past 3 years, the average Total Assets Growth Rate was -0.60% per year. During the past 5 years, the average Total Assets Growth Rate was -1.50% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Finnair Oyj's highest 3-Year average Total Assets Growth Rate was 28.80%. The lowest was -9.80%. And the median was -0.60%.

Total Assets is connected with ROA %. Finnair Oyj's annualized ROA % for the quarter that ended in Mar. 2024 was -3.18%. Total Assets is also linked to Revenue through Asset Turnover. Finnair Oyj's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.


Finnair Oyj Total Assets Historical Data

The historical data trend for Finnair Oyj'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.

Finnair Oyj Total Assets Chart

Finnair Oyj 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 3,877.90 3,646.50 4,047.10 4,133.00 3,698.00

Finnair Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,204.40 4,210.70 4,037.60 3,698.00 3,815.00

Finnair Oyj 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.

Finnair Oyj'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 )
=577+3121
=3,698

Finnair Oyj'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 )
=583.9+3231.1
=3,815

* 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.


Finnair Oyj  (OHEL:FIA1S) Total Assets Explanation

Total Assets is connected with ROA %.

Finnair Oyj'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 )
=-119.6/( (3698+3815)/ 2 )
=-119.6/3756.5
=-3.18 %

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.

Finnair Oyj'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 )
=681.5/( (3698+3815)/ 2 )
=681.5/3756.5
=0.18

* 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.

Finnair Oyj Total Assets Related Terms

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Finnair Oyj (OHEL:FIA1S) Business Description

Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

Finnair Oyj (OHEL:FIA1S) Headlines

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