PolarCool AB (XSAT:POLAR) Total Assets : kr10.03 Mil (As of Dec. 2023)

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What is PolarCool AB Total Assets?

PolarCool AB's Total Assets for the quarter that ended in Dec. 2023 was kr10.03 Mil.

During the past 12 months, PolarCool AB's average Total Assets Growth Rate was -18.80% per year. During the past 3 years, the average Total Assets Growth Rate was -6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 7 years, PolarCool AB's highest 3-Year average Total Assets Growth Rate was 37.10%. The lowest was -6.80%. And the median was 15.00%.

Total Assets is connected with ROA %. PolarCool AB's annualized ROA % for the quarter that ended in Dec. 2023 was -92.79%. Total Assets is also linked to Revenue through Asset Turnover. PolarCool AB's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

PolarCool AB Total Assets Historical Data

The historical data trend for PolarCool 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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PolarCool AB Total Assets Chart

PolarCool AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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8.20

19.25

16.89

11.87

10.03

PolarCool AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															11.87	14.43	10.17	10.11	10.03

PolarCool 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.

PolarCool 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 )
	=	4.453	+	5.578
	=	10.03

PolarCool AB's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	4.453	+	5.578
	=	10.03

PolarCool AB (XSAT:POLAR) Total Assets Explanation

Total Assets is connected with ROA %.

PolarCool AB's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-9.344	/	( (10.109	+	10.031)	/ 2 )
	=	-9.344	/	10.07
	=	-92.79 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

PolarCool AB's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.341	/	( (10.109	+	10.031)	/ 2 )
=	0.341	/	10.07
=	0.03

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.

PolarCool AB Total Assets Related Terms

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PolarCool AB (XSAT:POLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PolarCool AB (XSAT:POLAR) » Definitions » Total Assets

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98H:Germany

Address

Medicon Village, Scheelevagen 2, Lund, SWE, 223 8

Website

http://www.polarcap.com

PolarCool AB is a Sweden based medical device company. It develops, markets, and sells products for sports medicine. The company focuses on the treatment of concussive and sub-concussive brain injury with the portable cooling device PolarCap System. Its device PolarCap is a portable brain cooling device System available for athletes, teams, and organizations.

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