Concentric AB (FRA:2DN) Total Assets : €371.5 Mil (As of Jun. 2024)

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What is Concentric AB Total Assets?

Concentric AB's Total Assets for the quarter that ended in Jun. 2024 was €371.5 Mil.

Warning Sign:

If a company builds assets at 24.4% a year, faster than its revenue growth rate of 16.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Concentric AB's average Total Assets Growth Rate was -6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 32.40% per year. During the past 5 years, the average Total Assets Growth Rate was 24.40% per year. During the past 10 years, the average Total Assets Growth Rate was 8.20% per year.

During the past 13 years, Concentric AB's highest 3-Year average Total Assets Growth Rate was 34.60%. The lowest was -8.70%. And the median was 0.75%.

Total Assets is connected with ROA %. Concentric AB's annualized ROA % for the quarter that ended in Jun. 2024 was 0.84%. Total Assets is also linked to Revenue through Asset Turnover. Concentric AB's Asset Turnover for the quarter that ended in Jun. 2024 was 0.22.

Concentric AB Total Assets Historical Data

The historical data trend for Concentric 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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Concentric AB Total Assets Chart

Concentric AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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202.19

201.20

368.33

408.87

384.94

Concentric AB 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															399.74	387.40	384.94	388.99	371.53

Concentric 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.

Concentric 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 )
	=	194.975	+	189.969
	=	384.9

Concentric AB'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 )
	=	194.8	+	176.729
	=	371.5

Concentric AB (FRA:2DN) Total Assets Explanation

Total Assets is connected with ROA %.

Concentric AB'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 )
	=	3.188	/	( (388.985	+	371.529)	/ 2 )
	=	3.188	/	380.257
	=	0.84 %

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.

Concentric AB'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 )
=	84.6	/	( (388.985	+	371.529)	/ 2 )
=	84.6	/	380.257
=	0.22

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.

Concentric AB Total Assets Related Terms

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Concentric AB Business Description

Industry

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Traded in Other Exchanges

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Address

PO Box 5058, Stockholm, SWE, 102 42

Website

http://www.concentricab.com

Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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