Hifab Group AB (OSTO:HIFA B) Total Assets : kr166.0 Mil (As of Mar. 2024)

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What is Hifab Group AB Total Assets?

Hifab Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr166.0 Mil.

During the past 12 months, Hifab Group AB's average Total Assets Growth Rate was 6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 3.10% per year. During the past 5 years, the average Total Assets Growth Rate was 0.50% per year. During the past 10 years, the average Total Assets Growth Rate was -0.30% per year.

During the past 13 years, Hifab Group AB's highest 3-Year average Total Assets Growth Rate was 13.60%. The lowest was -9.10%. And the median was 0.30%.

Total Assets is connected with ROA %. Hifab Group AB's annualized ROA % for the quarter that ended in Mar. 2024 was 17.11%. Total Assets is also linked to Revenue through Asset Turnover. Hifab Group AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.52.

Hifab Group AB Total Assets Historical Data

The historical data trend for Hifab Group 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.

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Hifab Group AB Total Assets Chart

Hifab Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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175.59

158.43

158.73

140.15

161.27

Hifab Group AB 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															158.70	159.20	165.50	161.27	166.00

Hifab Group AB 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.

Hifab Group AB'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 )
	=	60.206	+	101.064
	=	161.3

Hifab Group AB'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 )
	=	67.287	+	98.713
	=	166.0

Hifab Group AB (OSTO:HIFA B) Total Assets Explanation

Total Assets is connected with ROA %.

Hifab Group AB'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 )
	=	28	/	( (161.27	+	166)	/ 2 )
	=	28	/	163.635
	=	17.11 %

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.

Hifab Group AB'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 )
=	85.3	/	( (161.27	+	166)	/ 2 )
=	85.3	/	163.635
=	0.52

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.

Hifab Group AB Total Assets Related Terms

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Hifab Group AB (OSTO:HIFA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hifab Group AB (OSTO:HIFA B) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Sveavagen 167, P O Box 19090, Stockholm, SWE, SE-104 32

Website

http://www.hifab.se

Hifab Group AB is a Sweden-based project management company. It is primarily engaged in providing project management and advisory services to achieve sustainable development and optimization of the resources. The service offered by the company includes planning management, construction and installation management, environmental control, inspection services, and other services. The company operates in Sweden, Asia, Africa, and the Rest of Europe, out of which the majority of the revenue is generated from Sweden.

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