TopRight Nordic AB (NGM:TOPR) Total Assets : kr101.5 Mil (As of Sep. 2023)

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What is TopRight Nordic AB Total Assets?

TopRight Nordic AB's Total Assets for the quarter that ended in Sep. 2023 was kr101.5 Mil.

During the past 12 months, TopRight Nordic AB's average Total Assets Growth Rate was -50.90% per year. During the past 3 years, the average Total Assets Growth Rate was 28.60% per year. During the past 5 years, the average Total Assets Growth Rate was 63.70% per year.

During the past 7 years, TopRight Nordic AB's highest 3-Year average Total Assets Growth Rate was 172.70%. The lowest was 28.60%. And the median was 89.05%.

Total Assets is connected with ROA %. TopRight Nordic AB's annualized ROA % for the quarter that ended in Sep. 2023 was -91.58%. Total Assets is also linked to Revenue through Asset Turnover. TopRight Nordic AB's Asset Turnover for the quarter that ended in Sep. 2023 was 0.12.

TopRight Nordic AB Total Assets Historical Data

The historical data trend for TopRight Nordic 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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TopRight Nordic AB Total Assets Chart

TopRight Nordic AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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30.36

72.70

124.80

169.87

154.84

TopRight Nordic AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															204.36	154.84	143.17	131.22	101.48

TopRight Nordic 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.

TopRight Nordic AB's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	21.078	+	133.757
	=	154.8

TopRight Nordic AB's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-57.933	+	159.417
	=	101.5

TopRight Nordic AB (NGM:TOPR) Total Assets Explanation

Total Assets is connected with ROA %.

TopRight Nordic AB's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-106.56	/	( (131.223	+	101.484)	/ 2 )
	=	-106.56	/	116.3535
	=	-91.58 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

TopRight Nordic AB's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	14.42	/	( (131.223	+	101.484)	/ 2 )
=	14.42	/	116.3535
=	0.12

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.

TopRight Nordic AB Total Assets Related Terms

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TopRight Nordic AB (NGM:TOPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TopRight Nordic AB (NGM:TOPR) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Taptogatan 6, Stockholm, SWE, 115 26

Website

https://www.toprightnordic.com

TopRight Nordic AB is engaged in modern light technology and digital glass. The company's solutions improve road safety, help brands to be brand new and transform traditional exposure areas to interactive viewing windows. It has three business areas: BRIGHT Attention, BRIGHT Safety, and SMART Glass. BRIGHT Attention offers unique solutions to create attention. BRIGHT Safety offers standard products, customized solutions and safety kits with lighting technology that contribute to a safer existence on roads and for the professional teams working in the dark. SMART Glass offers glass surfaces that can become lighting, windows, wall and screen in one.

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