Northbaze Group AB (OSTO:NBZ) Total Assets : kr153.4 Mil (As of Mar. 2024)

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What is Northbaze Group AB Total Assets?

Northbaze Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr153.4 Mil.

During the past 12 months, Northbaze Group AB's average Total Assets Growth Rate was -4.30% per year. During the past 3 years, the average Total Assets Growth Rate was 22.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.50% per year. During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 13 years, Northbaze Group AB's highest 3-Year average Total Assets Growth Rate was 66.70%. The lowest was -15.20%. And the median was 22.60%.

Total Assets is connected with ROA %. Northbaze Group AB's annualized ROA % for the quarter that ended in Mar. 2024 was 0.84%. Total Assets is also linked to Revenue through Asset Turnover. Northbaze Group AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.

Northbaze Group AB Total Assets Historical Data

The historical data trend for Northbaze 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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Northbaze Group AB Total Assets Chart

Northbaze Group AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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92.16

99.76

79.42

182.06

168.67

Northbaze 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															168.90	158.48	157.56	168.67	153.35

Northbaze 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.

Northbaze 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 )
	=	62.995	+	105.675
	=	168.7

Northbaze 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 )
	=	63.336	+	90.016
	=	153.4

Northbaze Group AB (OSTO:NBZ) Total Assets Explanation

Total Assets is connected with ROA %.

Northbaze 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 )
	=	1.356	/	( (168.67	+	153.352)	/ 2 )
	=	1.356	/	161.011
	=	0.84 %

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.

Northbaze 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 )
=	45.446	/	( (168.67	+	153.352)	/ 2 )
=	45.446	/	161.011
=	0.28

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.

Northbaze Group AB Total Assets Related Terms

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Northbaze Group AB (OSTO:NBZ) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Asogatan 121, 4F, Stockholm, SWE, 116 24

Website

https://www.jaysheadphones.com

Northbaze Group AB, formerly Jays Group AB is a Sweden based company engaged in designing, engineering, and marketing of earphones, headphones and other musical related products. The company markets its products in the international market under its own brand name. Its products include a-JAYS and q-JAYS series earphones, u-JAYS On-ear headphones, and others. The products of the company are used together with mobile phones, tablets, and media players.

Northbaze Group AB (OSTO:NBZ) Headlines

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