Ngenic AB (FRA:0UQ) Total Assets : €6.60 Mil (As of Mar. 2024)

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What is Ngenic AB Total Assets?

Ngenic AB's Total Assets for the quarter that ended in Mar. 2024 was €6.60 Mil.

During the past 12 months, Ngenic AB's average Total Assets Growth Rate was 11.10% per year. During the past 3 years, the average Total Assets Growth Rate was 61.50% per year.

During the past 5 years, Ngenic AB's highest 3-Year average Total Assets Growth Rate was 61.50%. The lowest was 51.50%. And the median was 56.50%.

Total Assets is connected with ROA %. Ngenic AB's annualized ROA % for the quarter that ended in Mar. 2024 was -53.47%. Total Assets is also linked to Revenue through Asset Turnover. Ngenic AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Ngenic AB Total Assets Historical Data

The historical data trend for Ngenic 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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Ngenic AB Total Assets Chart

Ngenic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

2.03

2.43

6.27

6.92

6.98

Ngenic AB Quarterly Data
	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													6.09	6.28	6.88	6.98	6.60

Ngenic 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.

Ngenic 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 )
	=	1.612	+	5.369
	=	6.98

Ngenic AB'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 )
	=	0.661	+	5.942
	=	6.60

Ngenic AB (FRA:0UQ) Total Assets Explanation

Total Assets is connected with ROA %.

Ngenic AB'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 )
	=	-3.632	/	( (6.981	+	6.603)	/ 2 )
	=	-3.632	/	6.792
	=	-53.47 %

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.

Ngenic AB'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 )
=	0.557	/	( (6.981	+	6.603)	/ 2 )
=	0.557	/	6.792
=	0.08

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.

Ngenic AB Total Assets Related Terms

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Ngenic AB (FRA:0UQ) Business Description

Industry

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NGENIC:Sweden

Address

Kungsgatan 41, Uppsala, SWE, 753 21

Website

https://www.ngenic.se

Ngenic AB is an independent energy technology company. It works with digitization and streamlining of energy systems, with energy companies, property owners, tenant-owner associations and homeowners as customers.

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