Knowit AB's Total Assets for the quarter that ended in Mar. 2024 was kr7,194 Mil.
Warning Sign:
If a company builds assets at 39.5% a year, faster than its revenue growth rate of 10.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Knowit AB's average Total Assets Growth Rate was -1.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 42.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 39.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 18.70% per year.
During the past 13 years, Knowit AB's highest 3-Year average Total Assets Growth Rate was 58.00%. The lowest was -1.00%. And the median was 12.80%.
Total Assets is connected with ROA %. Knowit AB's annualizedROA % for the quarter that ended in Mar. 2024 was 3.43%. Total Assets is also linked to Revenue through Asset Turnover. Knowit AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.
Knowit AB Total Assets Historical Data
The historical data trend for Knowit 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.
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.
Knowit AB's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Knowit AB's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Knowit AB Total Assets Related Terms
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Knowit is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.
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