Abelco Investment Group AB (NGM:ABIG) Total Assets : kr90.28 Mil (As of Dec. 2023)

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What is Abelco Investment Group AB Total Assets?

Abelco Investment Group AB's Total Assets for the quarter that ended in Dec. 2023 was kr90.28 Mil.

During the past 12 months, Abelco Investment Group AB's average Total Assets Growth Rate was -47.50% per year. During the past 3 years, the average Total Assets Growth Rate was -26.40% per year. During the past 5 years, the average Total Assets Growth Rate was 12.60% per year. During the past 10 years, the average Total Assets Growth Rate was 33.70% per year.

During the past 13 years, Abelco Investment Group AB's highest 3-Year average Total Assets Growth Rate was 99.50%. The lowest was -29.60%. And the median was 32.80%.

Total Assets is connected with ROA %. Abelco Investment Group AB's annualized ROA % for the quarter that ended in Dec. 2023 was -94.08%. Total Assets is also linked to Revenue through Asset Turnover. Abelco Investment Group AB's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Abelco Investment Group AB Total Assets Historical Data

The historical data trend for Abelco Investment Group 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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Abelco Investment Group AB Total Assets Chart

Abelco Investment Group AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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45.75

236.34

246.43

179.09

90.28

Abelco Investment Group AB Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															246.43	202.07	179.09	153.67	90.28

Abelco Investment Group 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.

Abelco Investment Group 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 )
	=	42.552	+	47.726
	=	90.28

Abelco Investment Group AB's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	42.552	+	47.726
	=	90.28

Abelco Investment Group AB (NGM:ABIG) Total Assets Explanation

Total Assets is connected with ROA %.

Abelco Investment Group AB's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-114.75	/	( (153.666	+	90.278)	/ 2 )
	=	-114.75	/	121.972
	=	-94.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Abelco Investment Group AB's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.135	/	( (153.666	+	90.278)	/ 2 )
=	0.135	/	121.972
=	0.00

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.

Abelco Investment Group AB Total Assets Related Terms

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Abelco Investment Group AB (NGM:ABIG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Abelco Investment Group AB (NGM:ABIG) » Definitions » Total Assets

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Address

Nybrogatan 6, Stockholm, SWE, 114 34

Website

https://www.abelco.se

Abelco Investment Group AB is an investment company and venture builder. It invests or builds companies in the digitized the growth sectors with a primary focus on the verticals Gaming / E-sports, E-commerce and Fintech.

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