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Loomis AB (LTS:0JYZ) Total Assets : kr37,483 Mil (As of Sep. 2024)


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What is Loomis AB Total Assets?

Loomis AB's Total Assets for the quarter that ended in Sep. 2024 was kr37,483 Mil.

During the past 12 months, Loomis AB's average Total Assets Growth Rate was 4.30% per year. During the past 3 years, the average Total Assets Growth Rate was 12.40% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year. During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 13 years, Loomis AB's highest 3-Year average Total Assets Growth Rate was 16.70%. The lowest was -0.70%. And the median was 6.90%.

Total Assets is connected with ROA %. Loomis AB's annualized ROA % for the quarter that ended in Sep. 2024 was 5.05%. Total Assets is also linked to Revenue through Asset Turnover. Loomis AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.


Loomis AB Total Assets Historical Data

The historical data trend for Loomis 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.

Loomis AB Total Assets Chart

Loomis 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 26,563.00 24,896.00 27,228.00 31,780.00 36,180.00

Loomis 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 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 37,069.00 36,180.00 38,432.00 38,677.00 37,483.00

Loomis 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.

Loomis 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 )
=12678+23502
=36,180

Loomis 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 )
=12698+24785
=37,483

* 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.


Loomis AB  (LTS:0JYZ) Total Assets Explanation

Total Assets is connected with ROA %.

Loomis 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 )
=1924/( (38677+37483)/ 2 )
=1924/38080
=5.05 %

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.

Loomis 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 )
=7624/( (38677+37483)/ 2 )
=7624/38080
=0.20

* 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.

Loomis AB Total Assets Related Terms

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Loomis AB Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company mainly engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe and Latin America, USA, and Loomis Pay. The company generates the majority of its revenue from the USA.

Loomis AB Headlines

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