Modern Times Group MTG AB (LTS:0GXJ) Total Assets : kr17,341 Mil (As of Sep. 2024)

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What is Modern Times Group MTG AB Total Assets?

Modern Times Group MTG AB's Total Assets for the quarter that ended in Sep. 2024 was kr17,341 Mil.

During the past 12 months, Modern Times Group MTG AB's average Total Assets Growth Rate was -3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 14.70% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year. During the past 10 years, the average Total Assets Growth Rate was -1.30% per year.

During the past 13 years, Modern Times Group MTG AB's highest 3-Year average Total Assets Growth Rate was 28.60%. The lowest was -25.20%. And the median was 9.00%.

Total Assets is connected with ROA %. Modern Times Group MTG AB's annualized ROA % for the quarter that ended in Sep. 2024 was 3.97%. Total Assets is also linked to Revenue through Asset Turnover. Modern Times Group MTG AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.08.

Modern Times Group MTG AB Total Assets Historical Data

The historical data trend for Modern Times Group MTG 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.

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Modern Times Group MTG AB Total Assets Chart

Modern Times Group MTG AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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8,963.00

10,799.00

17,436.00

18,768.00

17,501.00

Modern Times Group MTG AB 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															18,573.00	17,501.00	18,145.00	17,725.00	17,341.00

Modern Times Group MTG 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.

Modern Times Group MTG 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 )
	=	13714	+	3787
	=	17,501

Modern Times Group MTG AB'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 )
	=	13722	+	3619
	=	17,341

Modern Times Group MTG AB (LTS:0GXJ) Total Assets Explanation

Total Assets is connected with ROA %.

Modern Times Group MTG AB'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 )
	=	696	/	( (17725	+	17341)	/ 2 )
	=	696	/	17533
	=	3.97 %

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.

Modern Times Group MTG AB'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 )
=	1438	/	( (17725	+	17341)	/ 2 )
=	1438	/	17533
=	0.08

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.

Modern Times Group MTG AB Total Assets Related Terms

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Modern Times Group MTG AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Modern Times Group MTG AB (LTS:0GXJ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MTG B:Sweden MTG A:Sweden MTGBs:UK MRTA:Germany

Address

Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.mtg.com

Modern Times Group MTG AB invests in esports, mobile games and other digital entertainment. The group's companies offer a wide range of games available to audiences all over the world. MTG's portfolio of IP spans across both the casual and mid-core segments of the gaming market. A vast majority of games are available to consumers on a free-to-play basis, and the group primarily generates revenues from in-app purchases and in-app advertising. The Group operates in Europe, Singapore, USA, India and New Zealand.

Modern Times Group MTG AB Headlines

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