Elmera Group ASA's Total Assets for the quarter that ended in Mar. 2024 was kr6,918 Mil.
Warning Sign:
If a company builds assets at 37.5% a year, faster than its revenue growth rate of 32.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Elmera Group ASA's average Total Assets Growth Rate was -21.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 37.50% per year.
During the past 9 years, Elmera Group ASA's highest 3-Year average Total Assets Growth Rate was 85.70%. The lowest was 13.40%. And the median was 40.00%.
The historical data trend for Elmera Group 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.
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.
Elmera Group ASA's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Elmera Group ASA (OSL:ELMRA) Total Assets Explanation
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.
Elmera Group ASA's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Elmera Group ASA Total Assets Related Terms
Thank you for viewing the detailed overview of Elmera Group ASA's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Elmera Group ASA formerly Fjordkraft Holding ASA is an electric power supply company that serves the private and public sectors along with the residences of Norway. It operates in segments being; Consumer, Business, Nordic and New Growth Initiatives (NGI), which consists of its mobile services business, the alliance segment and the Extended Alliance. The consumer segment comprises the sale of electrical power to private consumers which generates key revenue whilst the latter comprises of sale of electricity to businesses.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OSL:ELMRA has been successfully added to your 