Prevas AB (OSTO:PREV B) Total Assets : kr1,109 Mil (As of Mar. 2024)

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What is Prevas AB Total Assets?

Prevas AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,109 Mil.

Warning Sign:

If a company builds assets at 25% a year, faster than its revenue growth rate of 9.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Prevas AB's average Total Assets Growth Rate was 4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 36.80% per year. During the past 5 years, the average Total Assets Growth Rate was 25.00% per year. During the past 10 years, the average Total Assets Growth Rate was 10.00% per year.

During the past 13 years, Prevas AB's highest 3-Year average Total Assets Growth Rate was 51.00%. The lowest was -3.20%. And the median was 7.20%.

Total Assets is connected with ROA %. Prevas AB's annualized ROA % for the quarter that ended in Mar. 2024 was 12.01%. Total Assets is also linked to Revenue through Asset Turnover. Prevas AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.38.

Prevas AB Total Assets Historical Data

The historical data trend for Prevas 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.

* Premium members only.

Prevas AB Total Assets Chart

Prevas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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399.33

454.49

823.70

995.78

1,060.37

Prevas 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															1,017.87	968.19	974.09	1,060.37	1,108.96

Prevas 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.

Prevas 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 )
	=	639.647	+	420.719
	=	1,060

Prevas 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 )
	=	675.226	+	433.733
	=	1,109

Prevas AB (OSTO:PREV B) Total Assets Explanation

Total Assets is connected with ROA %.

Prevas 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 )
	=	130.216	/	( (1060.366	+	1108.959)	/ 2 )
	=	130.216	/	1084.6625
	=	12.01 %

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.

Prevas 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 )
=	407.087	/	( (1060.366	+	1108.959)	/ 2 )
=	407.087	/	1084.6625
=	0.38

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.

Prevas AB Total Assets Related Terms

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Prevas AB (OSTO:PREV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Prevas AB (OSTO:PREV B) » Definitions » Total Assets

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Traded in Other Exchanges

0H2J:UK

Address

Glodgargrand 14, Box 4, Vasteras, SWE, 72103

Website

https://www.prevas.se

Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

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