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Granges AB (FRA:9GR) Total Assets : €1,860 Mil (As of Dec. 2024)


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What is Granges AB Total Assets?

Granges AB's Total Assets for the quarter that ended in Dec. 2024 was €1,860 Mil.

Warning Sign:

If a company builds assets at 14.4% a year, faster than its revenue growth rate of 12.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Granges AB's average Total Assets Growth Rate was 26.60% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 14.40% per year. During the past 10 years, the average Total Assets Growth Rate was 18.50% per year.

During the past 13 years, Granges AB's highest 3-Year average Total Assets Growth Rate was 30.20%. The lowest was -1.00%. And the median was 18.80%.

Total Assets is connected with ROA %. Granges AB's annualized ROA % for the quarter that ended in Dec. 2024 was 3.53%. Total Assets is also linked to Revenue through Asset Turnover. Granges AB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.31.


Granges AB Total Assets Historical Data

The historical data trend for Granges 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.

Granges AB Total Assets Chart

Granges 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 1,341.84 1,535.14 1,594.56 1,491.86 1,860.10

Granges 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 1,491.86 1,592.97 1,642.21 1,649.44 1,860.10

Granges 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.

Granges 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 )
=942.307+917.791
=1,860

Granges 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 )
=942.307+917.791
=1,860

* 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.


Granges AB  (FRA:9GR) Total Assets Explanation

Total Assets is connected with ROA %.

Granges 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 )
=61.9/( (1649.44+1860.098)/ 2 )
=61.9/1754.769
=3.53 %

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.

Granges 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 )
=537.617/( (1649.44+1860.098)/ 2 )
=537.617/1754.769
=0.31

* 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.

Granges AB Total Assets Related Terms

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Granges AB Business Description

Traded in Other Exchanges
Address
Linnegatan 18, Stockholm, SWE, SE 114 47
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It produces heat exchanger applications, specialty packaging, and new rolled product niches. It develops, produces, and markets materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. The firm's geographical end-customer markets are Asia Pacific, Europe and North and South Americas. Granges has two operating segment: Granges Eurasia and Granges Americas. It derives maximum revenue from Granges Eurasia.

Granges AB Headlines

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