Readly International AB (FRA:5GS1) Total Assets : €29.94 Mil (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Readly International AB Total Assets?

Readly International AB's Total Assets for the quarter that ended in Sep. 2024 was €29.94 Mil.

Warning Sign:

If a company builds assets at 53.1% a year, faster than its revenue growth rate of 26.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Readly International AB's average Total Assets Growth Rate was 71.20% per year. During the past 3 years, the average Total Assets Growth Rate was 52.00% per year. During the past 5 years, the average Total Assets Growth Rate was 53.10% per year.

During the past 7 years, Readly International AB's highest 3-Year average Total Assets Growth Rate was 89.50%. The lowest was 22.70%. And the median was 56.35%.

Total Assets is connected with ROA %. Readly International AB's annualized ROA % for the quarter that ended in Sep. 2024 was 131.20%. Total Assets is also linked to Revenue through Asset Turnover. Readly International AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.57.

Readly International AB Total Assets Historical Data

The historical data trend for Readly International 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.

Readly International AB Total Assets Chart

Readly International AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

16.88

56.63

49.41

34.85

26.31

Readly International AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Sep24
Total Assets	Get a 7-Day Free Trial															30.54	26.93	25.36	26.31	29.94

Readly International 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.

Readly International 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 )
	=	3.102	+	23.203
	=	26.31

Readly International AB's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	10.833	+	19.106
	=	29.94

Readly International AB (FRA:5GS1) Total Assets Explanation

Total Assets is connected with ROA %.

Readly International AB's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	36.896	/	( (26.305	+	29.939)	/ 2 )
	=	36.896	/	28.122
	=	131.20 %

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

Readly International AB's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	15.901	/	( (26.305	+	29.939)	/ 2 )
=	15.901	/	28.122
=	0.57

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.

Readly International AB Total Assets Related Terms

Thank you for viewing the detailed overview of Readly International AB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Readly International AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Readly International AB (FRA:5GS1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

READ:Sweden 0A7Q:UK 5GS1:Germany

Address

Gjorwellsgatan 30, Stockholm, SWE, 112 60

Website

https://corporate.readly.com

Readly International AB is a provider of digital subscription services that offer access to digital magazines and newspapers. The subscription of the company gives the user unlimited access to thousands of magazines and newspapers in different local languages. Geographically company derived its revenue from Germany, UK, Sweden, France, and Others. The company derives its maximum revenue from Germany.

Readly International AB Headlines

No Headlines