TCM Group AS (OCSE:TCM) Total Assets : kr1,207 Mil (As of Dec. 2024)

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What is TCM Group AS Total Assets?

TCM Group AS's Total Assets for the quarter that ended in Dec. 2024 was kr1,207 Mil.

Warning Sign:

If a company builds assets at 10.1% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TCM Group AS's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 10.10% per year. During the past 10 years, the average Total Assets Growth Rate was 14.70% per year.

During the past 11 years, TCM Group AS's highest 3-Year average Total Assets Growth Rate was 43.10%. The lowest was 2.00%. And the median was 8.70%.

Total Assets is connected with ROA %. TCM Group AS's annualized ROA % for the quarter that ended in Dec. 2024 was 7.61%. Total Assets is also linked to Revenue through Asset Turnover. TCM Group AS's Asset Turnover for the quarter that ended in Dec. 2024 was 0.25.

TCM Group AS Total Assets Historical Data

The historical data trend for TCM 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.

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TCM Group AS Total Assets Chart

TCM Group AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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929.45

907.32

970.23

1,200.87

1,206.54

TCM Group AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															1,200.87	1,213.70	1,226.10	1,211.30	1,206.54

TCM Group AS 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.

TCM Group AS'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 )
	=	589.484	+	617.06
	=	1,207

TCM Group AS'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 )
	=	589.484	+	617.06
	=	1,207

TCM Group AS (OCSE:TCM) Total Assets Explanation

Total Assets is connected with ROA %.

TCM Group AS's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	92	/	( (1211.3	+	1206.544)	/ 2 )
	=	92	/	1208.922
	=	7.61 %

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

TCM Group AS's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	301.4	/	( (1211.3	+	1206.544)	/ 2 )
=	301.4	/	1208.922
=	0.25

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.

TCM Group AS Total Assets Related Terms

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TCM Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TCM Group AS (OCSE:TCM) » Definitions » Total Assets

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Traded in Other Exchanges

0CUN:UK

Address

Skautrupvej 16, Tvis, Holstebro, DNK, 7500

Website

https://www.tcmgroup.dk

TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.

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