OXE Marine AB (FRA:5LK) Total Assets : €27.98 Mil (As of Mar. 2024)

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What is OXE Marine AB Total Assets?

OXE Marine AB's Total Assets for the quarter that ended in Mar. 2024 was €27.98 Mil.

During the past 12 months, OXE Marine AB's average Total Assets Growth Rate was -15.50% per year. During the past 3 years, the average Total Assets Growth Rate was -0.80% per year. During the past 5 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 9 years, OXE Marine AB's highest 3-Year average Total Assets Growth Rate was 57.20%. The lowest was -0.80%. And the median was 17.20%.

Total Assets is connected with ROA %. OXE Marine AB's annualized ROA % for the quarter that ended in Mar. 2024 was -40.36%. Total Assets is also linked to Revenue through Asset Turnover. OXE Marine AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

OXE Marine AB Total Assets Historical Data

The historical data trend for OXE Marine 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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OXE Marine AB Total Assets Chart

OXE Marine AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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30.04

35.36

32.16

36.64

30.33

OXE Marine AB Quarterly Data
	Jun19	Sep19	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															33.98	30.64	29.82	30.33	27.98

OXE Marine 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.

OXE Marine 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 )
	=	1.194	+	29.138
	=	30.33

OXE Marine 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 )
	=	-1.427	+	29.411
	=	27.98

OXE Marine AB (FRA:5LK) Total Assets Explanation

Total Assets is connected with ROA %.

OXE Marine 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 )
	=	-11.768	/	( (30.332	+	27.984)	/ 2 )
	=	-11.768	/	29.158
	=	-40.36 %

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.

OXE Marine 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 )
=	3.465	/	( (30.332	+	27.984)	/ 2 )
=	3.465	/	29.158
=	0.12

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.

OXE Marine AB Total Assets Related Terms

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OXE Marine AB (FRA:5LK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OXE Marine AB (FRA:5LK) » Definitions » Total Assets

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CMMCF:USA OXE:Sweden

Address

Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72

Website

https://www.oxemarine.com

OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are significant factors.

OXE Marine AB (FRA:5LK) Headlines

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