Flugger Group AS's Total Assets for the quarter that ended in Jan. 2024 was kr1,891 Mil.
Warning Sign:
If a company builds assets at 20.3% a year, faster than its revenue growth rate of 6.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Flugger Group AS's average Total Assets Growth Rate was -6.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 13 years, Flugger Group AS's highest 3-Year average Total Assets Growth Rate was 32.60%. The lowest was -6.50%. And the median was 5.85%.
The historical data trend for Flugger Group AS'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.
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.
Flugger Group AS's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
Flugger Group AS (OCSE:FLUG B) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 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.
Flugger Group AS's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
Flugger Group AS Total Assets Related Terms
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Flugger Group AS (OCSE:FLUG B) Business Description
Flugger Group AS designs and markets a wide and coordinated assortment within the decorative painting, wood protection, spackling paste, wallpaper, and tools that are sold through the retail chain Flugger Decor. The company's products include paint, wood stain, filler, wallpaper adhesive, wall coverings, abrasive materials, brushes, tools and cleaning products. It has more than 500 stores in Scandinavia, Eastern Europe, and China.
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