Alm Brand AS (FRA:1AM) Total Assets : €4,915 Mil (As of Jun. 2024)

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What is Alm Brand AS Total Assets?

Alm Brand AS's Total Assets for the quarter that ended in Jun. 2024 was €4,915 Mil.

During the past 12 months, Alm Brand AS's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was -1.70% per year. During the past 10 years, the average Total Assets Growth Rate was -0.10% per year.

During the past 13 years, Alm Brand AS's highest 3-Year average Total Assets Growth Rate was 906.70%. The lowest was -6.90%. And the median was 2.60%.

Total Assets is connected with ROA %. Alm Brand AS's annualized ROA % for the quarter that ended in Jun. 2024 was 0.38%. Total Assets is also linked to Revenue through Asset Turnover. Alm Brand AS's Asset Turnover for the quarter that ended in Jun. 2024 was 0.09.

Alm Brand AS Total Assets Historical Data

The historical data trend for Alm Brand 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.

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Alm Brand AS Total Assets Chart

Alm Brand AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,595.53

4,406.12

5,679.68

4,783.92

4,772.16

Alm Brand AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															4,926.28	4,879.64	4,772.16	4,987.46	4,915.25

Alm Brand 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.

Alm Brand 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 )
	=	1870.815	+	2901.347
	=	4,772

Alm Brand AS's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	1745.694	+	3169.555
	=	4,915

Alm Brand AS (FRA:1AM) Total Assets Explanation

Total Assets is connected with ROA %.

Alm Brand AS's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	18.756	/	( (4987.457	+	4915.248)	/ 2 )
	=	18.756	/	4951.3525
	=	0.38 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Alm Brand AS's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	427.547	/	( (4987.457	+	4915.248)	/ 2 )
=	427.547	/	4951.3525
=	0.09

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.

Alm Brand AS Total Assets Related Terms

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Alm Brand AS Business Description

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0DJI:UK ALMB:Denmark

Address

Midtermolen 7, Copenhagen, DNK, DK-2100

Website

https://www.almbrand.dk

Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

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