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Danske Bank A/S (Danske Bank A/S) Total Assets : $551,732 Mil (As of Dec. 2023)


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What is Danske Bank A/S Total Assets?

Danske Bank A/S's Total Assets for the quarter that ended in Dec. 2023 was $551,732 Mil.

During the past 12 months, Danske Bank A/S's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was -2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 13 years, Danske Bank A/S's highest 3-Year average Total Assets Growth Rate was 20.90%. The lowest was -2.40%. And the median was 2.30%.

Total Assets is connected with ROA %. Danske Bank A/S's annualized ROA % for the quarter that ended in Dec. 2023 was 0.61%. Total Assets is also linked to Revenue through Asset Turnover. Danske Bank A/S's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Danske Bank A/S Total Assets Historical Data

The historical data trend for Danske Bank 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.

Danske Bank A/S Total Assets Chart

Danske Bank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 559,438.64 671,948.03 598,060.17 539,742.27 551,732.46

Danske Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 539,742.27 545,353.56 543,024.20 547,991.33 551,732.46

Danske Bank 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.

Danske Bank 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 )
=25712.384+526020.074
=551,732

Danske Bank 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 )
=25712.384+526020.074
=551,732

* 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.


Danske Bank A/S  (OTCPK:DNKEY) Total Assets Explanation

Total Assets is connected with ROA %.

Danske Bank 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 )
=3373.908/( (547991.328+551732.457)/ 2 )
=3373.908/549861.8925
=0.61 %

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.

Danske Bank 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 )
=2164.804/( (547991.328+551732.457)/ 2 )
=2164.804/549861.8925
=0.00

* 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.

Danske Bank A/S Total Assets Related Terms

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Danske Bank A/S (Danske Bank A/S) Business Description

Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank A/S (Danske Bank A/S) Headlines

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