Nordic Fibreboard AS (OTSE:SKN1T) Total Assets : €9.09 Mil (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Nordic Fibreboard AS Total Assets?

Nordic Fibreboard AS's Total Assets for the quarter that ended in Mar. 2024 was €9.09 Mil.

During the past 12 months, Nordic Fibreboard AS's average Total Assets Growth Rate was -2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.20% per year. During the past 10 years, the average Total Assets Growth Rate was -5.60% per year.

During the past 13 years, Nordic Fibreboard AS's highest 3-Year average Total Assets Growth Rate was 23.70%. The lowest was -24.10%. And the median was -5.70%.

Total Assets is connected with ROA %. Nordic Fibreboard AS's annualized ROA % for the quarter that ended in Mar. 2024 was -3.32%. Total Assets is also linked to Revenue through Asset Turnover. Nordic Fibreboard AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.

Nordic Fibreboard AS Total Assets Historical Data

The historical data trend for Nordic Fibreboard AS'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.

Nordic Fibreboard AS Total Assets Chart

Nordic Fibreboard AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

9.05

7.65

8.06

9.41

8.51

Nordic Fibreboard AS 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															9.37	8.86	8.90	8.51	9.09

Nordic Fibreboard AS 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.

Nordic Fibreboard AS'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 )
	=	4.402	+	4.103
	=	8.51

Nordic Fibreboard AS'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 )
	=	4.329	+	4.761
	=	9.09

Nordic Fibreboard AS (OTSE:SKN1T) Total Assets Explanation

Total Assets is connected with ROA %.

Nordic Fibreboard AS'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 )
	=	-0.292	/	( (8.505	+	9.09)	/ 2 )
	=	-0.292	/	8.7975
	=	-3.32 %

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.

Nordic Fibreboard AS'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 )
=	1.961	/	( (8.505	+	9.09)	/ 2 )
=	1.961	/	8.7975
=	0.22

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.

Nordic Fibreboard AS Total Assets Related Terms

Thank you for viewing the detailed overview of Nordic Fibreboard AS's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordic Fibreboard AS (OTSE:SKN1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nordic Fibreboard AS (OTSE:SKN1T) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rääma 31, Parnu, EST, 80044

Website

https://www.nordicfibreboard.com

Nordic Fibreboard AS is a company operating in the business of fiberboard and furniture products. It operates through the business segments of Fibreboard manufacturing and sale; Furniture retail sale and Real Estate Management. The company generates maximum revenue from the Fibreboard manufacturing and sale segment. Fibreboard manufacturing and sale segment include the manufacture of general construction boards based on softwood fibre boards and interior finishing boards in Parnu and Pussi factories and wholesale of those boards. Geographically, it derives a majority of revenue from the European Union and also has a presence in Russia; Asia; Africa; the Middle East and Other.

Nordic Fibreboard AS (OTSE:SKN1T) Headlines

No Headlines