GN Store Nord A/S (CHIX:GNC) Total Assets

: kr30,642 Mil (As of Dec. 2023)

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GN Store Nord A/S's Total Assets for the quarter that ended in Dec. 2023 was kr30,642 Mil.

Warning Sign:

If a company builds assets at 19.9% a year, faster than its revenue growth rate of 12.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, GN Store Nord A/S's average Total Assets Growth Rate was -3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 23.80% per year. During the past 5 years, the average Total Assets Growth Rate was 19.90% per year. During the past 10 years, the average Total Assets Growth Rate was 11.70% per year.

During the past 13 years, GN Store Nord A/S's highest 3-Year average Total Assets Growth Rate was 25.60%. The lowest was -5.10%. And the median was 7.80%.

Total Assets is connected with ROA %. GN Store Nord A/S's annualized ROA % for the quarter that ended in Dec. 2023 was 0.48%. Total Assets is also linked to Revenue through Asset Turnover. GN Store Nord A/S's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

GN Store Nord A/S Total Assets Historical Data

The historical data trend for GN Store Nord A/S'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.

GN Store Nord A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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16,683.00

16,682.00

23,552.00

30,589.00

30,642.00

GN Store Nord A/S 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															30,589.00	29,907.00	30,248.00	31,036.00	30,642.00

GN Store Nord A/S 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.

GN Store Nord A/S'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 )
	=	9587	+	21055
	=	30,642

GN Store Nord A/S'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 )
	=	9587	+	21055
	=	30,642

GN Store Nord A/S (CHIX:GNc) Total Assets Explanation

Total Assets is connected with ROA %.

GN Store Nord A/S'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 )
	=	148	/	( (31036	+	30642)	/ 2 )
	=	148	/	30839
	=	0.48 %

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.

GN Store Nord A/S'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 )
=	5069	/	( (31036	+	30642)	/ 2 )
=	5069	/	30839
=	0.16

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.

GN Store Nord A/S Total Assets Related Terms

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GN Store Nord A/S (CHIX:GNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GN Store Nord A/S (CHIX:GNc) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

GNNDY:USA GGNDF:USA 0K9P:UK GN:Denmark GNN:Germany

Address

Lautrupbjerg 7, Ballerup, DNK, 2750

Website

https://www.gn.com

GN Store Nord is a Danish company offering medical and audio solutions. The group consists of two businesses: audio (about 62% of sales) and hearing (38%). GN Hearing offers hearing aids, competing globally with Sonova, Demant, Starkey, and WS Audiology (previously Sivantos and Widex). GN Audio provides headsets and speakerphones to the enterprise market (contact centers and offices), as well as to the consumer market, and recently acquired SteelSeries in the gaming market. The company has positioned itself as one of the main players in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing and Jabra in headsets.

GN Store Nord A/S (CHIX:GNC) Headlines

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