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Holmen AB (Holmen AB) Total Assets : $7,697 Mil (As of Mar. 2024)


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What is Holmen AB Total Assets?

Holmen AB's Total Assets for the quarter that ended in Mar. 2024 was $7,697 Mil.

Warning Sign:

If a company builds assets at 14.7% a year, faster than its revenue growth rate of 9.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Holmen AB's average Total Assets Growth Rate was 3.90% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 14.70% per year. During the past 10 years, the average Total Assets Growth Rate was 10.20% per year.

During the past 13 years, Holmen AB's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -1.70%. And the median was 3.10%.

Total Assets is connected with ROA %. Holmen AB's annualized ROA % for the quarter that ended in Mar. 2024 was 3.70%. Total Assets is also linked to Revenue through Asset Turnover. Holmen AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.


Holmen AB Total Assets Historical Data

The historical data trend for Holmen 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.

Holmen AB Total Assets Chart

Holmen AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,291.08 7,478.45 7,492.19 7,846.98 7,771.70

Holmen 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 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 7,562.98 7,164.76 6,858.22 7,771.70 7,696.93

Holmen 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.

Holmen 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 )
=5549.349+2222.352
=7,772

Holmen 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 )
=5470.979+2225.947
=7,697

* 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.


Holmen AB  (OTCPK:HLMMF) Total Assets Explanation

Total Assets is connected with ROA %.

Holmen 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 )
=285.844/( (7771.701+7696.925)/ 2 )
=285.844/7734.313
=3.70 %

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.

Holmen 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 )
=549.403/( (7771.701+7696.925)/ 2 )
=549.403/7734.313
=0.07

* 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.

Holmen AB Total Assets Related Terms

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Holmen AB (Holmen AB) Business Description

Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (Holmen AB) Headlines

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