Rentunder Holding AB (NGM:RENT) Total Assets: kr7.26 Mil (As of Dec. 2024)


What is Rentunder Holding AB Total Assets?

Rentunder Holding AB NGM:RENT -1.92% Total Assets is kr7.26 Mil as of Dec. 2024.

Rentunder Holding AB's Total Assets for the quarter that ended in Dec. 2024 was kr7.26 Mil.

Total Assets is connected with ROA %. Rentunder Holding AB's annualized ROA % for the quarter that ended in Dec. 2024 was -62.01%. Total Assets is also linked to Revenue through Asset Turnover. Rentunder Holding AB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.20.

Rentunder Holding AB  (NGM:RENT) Total Assets Explanation

Total Assets is connected with ROA %.

Rentunder Holding AB's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-3.92/( (5.384+7.259)/ 2 )
=-3.92/6.3215
=-62.01 %

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

Rentunder Holding AB's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1.269/( (5.384+7.259)/ 2 )
=1.269/6.3215
=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.

Rentunder Holding AB Total Assets Related Terms

Rentunder Holding AB Total Assets Historical Data

* Premium members only.

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Total Assets Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 10.66 8.84 7.37 8.42 7.26

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 7.37 4.91 8.42 5.38 7.26

Rentunder Holding 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.

Rentunder Holding AB's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=4.036+3.223
=7.26

Rentunder Holding AB's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=4.036+3.223
=7.26

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of kr7.26 Mil mean?
Rentunder Holding AB (NGM:RENT) has a Total Assets of kr7.26 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's Total Assets too high?
Rentunder Holding AB's current Total Assets is kr7.26 Mil.
How does Rentunder Holding AB's Total Assets compare to VLTO and ZWS?
Rentunder Holding AB's Total Assets of kr7.26 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Rentunder Holding AB and its competitors. Rentunder Holding AB's current Total Assets is kr7.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Total Assets of kr7.26 Mil. The current Total Assets is kr7.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Rentunder Holding AB (NGM:RENT), the current Total Assets is kr7.26 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.