SolTech Energy Sweden AB's Total Assets for the quarter that ended in Mar. 2024 was kr2,543 Mil.
During the past 12 months, SolTech Energy Sweden AB's average Total Assets Growth Rate was 4.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 23.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 82.60% per year.
During the past 13 years, SolTech Energy Sweden AB's highest 3-Year average Total Assets Growth Rate was 181.30%. The lowest was 14.50%. And the median was 89.10%.
* 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.
SolTech Energy Sweden 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.
SolTech Energy Sweden AB (OSTO:SOLT) 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.
SolTech Energy Sweden 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.
SolTech Energy Sweden AB Total Assets Related Terms
Thank you for viewing the detailed overview of SolTech Energy Sweden AB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
SolTech Energy Sweden AB (OSTO:SOLT) Business Description
Soltech Energy Sweden AB operates in the energy sector. It is a comprehensive supplier that develops, sells and installs solar energy solutions for both companies and private individuals. Soltech consolidates the market through the acquisition of companies in the solar, roof, facade and electricity industries and more. Geographically, it operates in Sweden, Spain and the Netherlands.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OSTO:SOLT has been successfully added to your 