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GARO AB (FRA:46GA) Total Assets : €96.7 Mil (As of Dec. 2024)


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What is GARO AB Total Assets?

GARO AB's Total Assets for the quarter that ended in Dec. 2024 was €96.7 Mil.

Warning Sign:

If a company builds assets at 14.5% a year, faster than its revenue growth rate of 4.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, GARO AB's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 14.50% per year. During the past 10 years, the average Total Assets Growth Rate was 17.40% per year.

During the past 12 years, GARO AB's highest 3-Year average Total Assets Growth Rate was 25.20%. The lowest was 8.60%. And the median was 19.50%.

Total Assets is connected with ROA %. GARO AB's annualized ROA % for the quarter that ended in Dec. 2024 was -0.45%. Total Assets is also linked to Revenue through Asset Turnover. GARO AB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.25.


GARO AB Total Assets Historical Data

The historical data trend for GARO 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.

* Premium members only.

GARO AB Total Assets Chart

GARO AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.06 91.22 104.92 107.15 96.68

GARO AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 107.15 103.60 106.77 103.20 96.68

GARO 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.

GARO AB's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=48.293+48.389
=96.7

GARO AB's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=48.293+48.389
=96.7

* 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.


GARO AB  (FRA:46GA) Total Assets Explanation

Total Assets is connected with ROA %.

GARO AB's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-0.452/( (103.198+96.682)/ 2 )
=-0.452/99.94
=-0.45 %

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

GARO AB's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=24.673/( (103.198+96.682)/ 2 )
=24.673/99.94
=0.25

* 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.

GARO AB Total Assets Related Terms

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GARO AB Business Description

Traded in Other Exchanges
Address
Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

GARO AB Headlines

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