Teco 2030 ASA (OSL:TECO) Total Assets : kr465.86 Mil (As of Sep. 2023)

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What is Teco 2030 ASA Total Assets?

Teco 2030 ASA's Total Assets for the quarter that ended in Sep. 2023 was kr465.86 Mil.

During the past 12 months, Teco 2030 ASA's average Total Assets Growth Rate was 70.50% per year. During the past 3 years, the average Total Assets Growth Rate was 229.00% per year.

During the past 4 years, Teco 2030 ASA's highest 3-Year average Total Assets Growth Rate was 229.00%. The lowest was 229.00%. And the median was 229.00%.

Total Assets is connected with ROA %. Teco 2030 ASA's annualized ROA % for the quarter that ended in Sep. 2023 was -19.59%. Total Assets is also linked to Revenue through Asset Turnover. Teco 2030 ASA's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Teco 2030 ASA Total Assets Historical Data

The historical data trend for Teco 2030 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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Teco 2030 ASA Total Assets Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Assets

12.41

82.37

260.82

356.41

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial									285.41	356.41	419.76	440.98	465.86

Teco 2030 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.

Teco 2030 ASA's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	102.086	+	254.322
	=	356.41

Teco 2030 ASA's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	30.255	+	435.607
	=	465.86

Teco 2030 ASA (OSL:TECO) Total Assets Explanation

Total Assets is connected with ROA %.

Teco 2030 ASA's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-88.836	/	( (440.979	+	465.862)	/ 2 )
	=	-88.836	/	453.4205
	=	-19.59 %

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

Teco 2030 ASA's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.824	/	( (440.979	+	465.862)	/ 2 )
=	0.824	/	453.4205
=	0.00

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.

Teco 2030 ASA Total Assets Related Terms

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Teco 2030 ASA (OSL:TECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco 2030 ASA (OSL:TECO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TECFF:USA TE9:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.

Teco 2030 ASA (OSL:TECO) Headlines

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