Scatec ASA (FRA:66T) Total Assets : €3,687.7 Mil (As of Sep. 2024)

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What is Scatec ASA Total Assets?

Scatec ASA's Total Assets for the quarter that ended in Sep. 2024 was €3,687.7 Mil.

Warning Sign:

If a company builds assets at 24.9% a year, faster than its revenue growth rate of 13% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Scatec ASA's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 23.20% per year. During the past 5 years, the average Total Assets Growth Rate was 24.90% per year. During the past 10 years, the average Total Assets Growth Rate was 30.70% per year.

During the past 12 years, Scatec ASA's highest 3-Year average Total Assets Growth Rate was 101.30%. The lowest was 16.40%. And the median was 29.40%.

Total Assets is connected with ROA %. Scatec ASA's annualized ROA % for the quarter that ended in Sep. 2024 was 14.90%. Total Assets is also linked to Revenue through Asset Turnover. Scatec ASA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Scatec ASA Total Assets Historical Data

The historical data trend for Scatec ASA'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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Scatec ASA Total Assets Chart

Scatec ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,152.06

2,517.14

3,254.79

3,509.39

3,633.00

Scatec ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															3,853.82	3,633.00	3,752.88	3,696.87	3,687.68

Scatec ASA 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.

Scatec ASA'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 )
	=	918.791	+	2714.214
	=	3,633.0

Scatec ASA'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 )
	=	1040.731	+	2646.951
	=	3,687.7

Scatec ASA (FRA:66T) Total Assets Explanation

Total Assets is connected with ROA %.

Scatec ASA's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	549.968	/	( (3696.869	+	3687.683)	/ 2 )
	=	549.968	/	3692.276
	=	14.90 %

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.

Scatec ASA's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	98.475	/	( (3696.869	+	3687.683)	/ 2 )
=	98.475	/	3692.276
=	0.03

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.

Scatec ASA Total Assets Related Terms

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Scatec ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Scatec ASA (FRA:66T) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SSOo:Sweden SCATC:Norway SCATCo:UK 0R3I:UK

Address

Askekroken 11, Oslo, NOR, NO-0277

Website

https://www.scatec.com

Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. The company makes majority of its revenue from Power Production segment. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

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