Thor Medical ASA (FRA:8NN) Total Assets : €35.27 Mil (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Thor Medical ASA Total Assets?

Thor Medical ASA's Total Assets for the quarter that ended in Dec. 2024 was €35.27 Mil.

During the past 12 months, Thor Medical ASA's average Total Assets Growth Rate was 2926.00% per year. During the past 3 years, the average Total Assets Growth Rate was 137.10% per year. During the past 5 years, the average Total Assets Growth Rate was 21.00% per year. During the past 10 years, the average Total Assets Growth Rate was 20.30% per year.

During the past 13 years, Thor Medical ASA's highest 3-Year average Total Assets Growth Rate was 137.10%. The lowest was -34.60%. And the median was 25.80%.

Total Assets is connected with ROA %. Thor Medical ASA's annualized ROA % for the quarter that ended in Dec. 2024 was -15.71%. Total Assets is also linked to Revenue through Asset Turnover. Thor Medical ASA's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Thor Medical ASA Total Assets Historical Data

The historical data trend for Thor Medical 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.

* Premium members only.

Thor Medical ASA Total Assets Chart

Thor Medical ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

Get a 7-Day Free Trial

29.70

29.23

10.48

28.76

35.27

Thor Medical ASA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															10.48	5.11	28.76	28.01	35.27

Thor Medical 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.

Thor Medical ASA'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 )
	=	28.692	+	6.579
	=	35.27

Thor Medical ASA'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 )
	=	28.692	+	6.579
	=	35.27

Thor Medical ASA (FRA:8NN) Total Assets Explanation

Total Assets is connected with ROA %.

Thor Medical ASA's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-4.97	/	( (28.013	+	35.271)	/ 2 )
	=	-4.97	/	31.642
	=	-15.71 %

Note: The Net Income data used here is two times the semi-annual (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.

Thor Medical ASA's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (28.013	+	35.271)	/ 2 )
=	0	/	31.642
=	0.00

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.

Thor Medical ASA Total Assets Related Terms

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

Thor Medical ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Thor Medical ASA (FRA:8NN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TRMED:Norway 0R6Y:UK

Address

Karenslyst Alle 9C, Oslo, NOR, 0278

Website

https://www.thormedical.no

Thor Medical ASA is a company engaged in producing and supplying of alpha-particle emitters for cancer therapy. The production process is based on separation of natural occurring radioactive decay products from thorium (Th-232). The objective of the company is to supply alpha emitters to suppliers and developers of innovative drugs targeting indications of high unmet medical need, including any medical products and equipment, and to run business related thereto or associated therewith.

Thor Medical ASA Headlines

No Headlines