Essity AB's Total Assets for the quarter that ended in Mar. 2024 was kr186,076 Mil.
Warning Sign:
If a company builds assets at 6.6% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Essity AB's average Total Assets Growth Rate was -16.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 11 years, Essity AB's highest 3-Year average Total Assets Growth Rate was 13.10%. The lowest was 0.90%. And the median was 8.30%.
Total Assets is connected with ROA %. Essity AB's annualizedROA % for the quarter that ended in Mar. 2024 was 23.60%. Total Assets is also linked to Revenue through Asset Turnover. Essity AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.
Essity AB Total Assets Historical Data
The historical data trend for Essity AB'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.
Essity AB'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.
Essity AB (OSTO:ESSITY B) 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.
Essity AB'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.
Essity AB Total Assets Related Terms
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Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).
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