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Oceanteam ASA (OSL:OTS) Total Assets : kr30.35 Mil (As of Dec. 2023)


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What is Oceanteam ASA Total Assets?

Oceanteam ASA's Total Assets for the quarter that ended in Dec. 2023 was kr30.35 Mil.

During the past 12 months, Oceanteam ASA's average Total Assets Growth Rate was -98.70% per year. During the past 3 years, the average Total Assets Growth Rate was -86.80% per year. During the past 5 years, the average Total Assets Growth Rate was -71.20% per year. During the past 10 years, the average Total Assets Growth Rate was -41.20% per year.

During the past 13 years, Oceanteam ASA's highest 3-Year average Total Assets Growth Rate was 776.90%. The lowest was -86.80%. And the median was -8.75%.

Total Assets is connected with ROA %. Oceanteam ASA's annualized ROA % for the quarter that ended in Dec. 2023 was -33.28%. Total Assets is also linked to Revenue through Asset Turnover. Oceanteam ASA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Oceanteam ASA Total Assets Historical Data

The historical data trend for Oceanteam 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.

Oceanteam ASA Total Assets Chart

Oceanteam ASA 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 1,087.76 459.35 166.49 93.77 30.35

Oceanteam ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 166.49 163.44 93.77 48.64 30.35

Oceanteam 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.

Oceanteam 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 )
=26.025+4.325
=30.35

Oceanteam 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 )
=26.025+4.325
=30.35

* 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.


Oceanteam ASA  (OSL:OTS) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-13.144/( (48.638+30.351)/ 2 )
=-13.144/39.4945
=-33.28 %

Note: The Net Income data used here is two times the semi-annual (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.

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

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.211/( (48.638+30.351)/ 2 )
=0.211/39.4945
=0.01

* 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.

Oceanteam ASA Total Assets Related Terms

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Oceanteam ASA (OSL:OTS) Business Description

Traded in Other Exchanges
Address
Strandveien 15, Lysaker, Baerum, NOR, 1366
Oceanteam ASA is an investment platform for marine and offshore assets with a particular focus on the energy transition. The company operates in a single segment which is Oceanteam ASA which provides management services to Oceanteam group companies.

Oceanteam ASA (OSL:OTS) Headlines

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