Lumito AB (NGM:LUMITO) Total Assets : kr122.43 Mil (As of Sep. 2024)

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What is Lumito AB Total Assets?

Lumito AB's Total Assets for the quarter that ended in Sep. 2024 was kr122.43 Mil.

During the past 12 months, Lumito AB's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 19.30% per year. During the past 5 years, the average Total Assets Growth Rate was 49.20% per year.

During the past 7 years, Lumito AB's highest 3-Year average Total Assets Growth Rate was 100.40%. The lowest was 19.30%. And the median was 52.20%.

Total Assets is connected with ROA %. Lumito AB's annualized ROA % for the quarter that ended in Sep. 2024 was -33.83%. Total Assets is also linked to Revenue through Asset Turnover. Lumito AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Lumito AB Total Assets Historical Data

The historical data trend for Lumito 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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Lumito AB Total Assets Chart

Lumito AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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67.51

98.23

121.03

136.80

121.44

Lumito 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															116.03	121.44	113.18	134.01	122.43

Lumito 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.

Lumito 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 )
	=	103.159	+	18.277
	=	121.44

Lumito 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 )
	=	96.589	+	25.839
	=	122.43

Lumito AB (NGM:LUMITO) Total Assets Explanation

Total Assets is connected with ROA %.

Lumito 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 )
	=	-43.372	/	( (134.007	+	122.428)	/ 2 )
	=	-43.372	/	128.2175
	=	-33.83 %

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.

Lumito 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 )
=	0	/	( (134.007	+	122.428)	/ 2 )
=	0	/	128.2175
=	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.

Lumito AB Total Assets Related Terms

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Lumito AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Lumito AB (NGM:LUMITO) » Definitions » Total Assets

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Address

Magistratsvagen 10, Lund, SWE, SE-226 43

Website

http://www.lumito.se

Lumito AB is a Swedish company that specializes in the medical research and development of imaging technology for use in digital pathology. It has developed a development and business plan for the development of an instrument for digital pathology that improves the quality of tissue sample mapping.

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