Mandatum (OHEL:MANTA) Total Assets : €16,921.2 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mandatum Total Assets?

Mandatum's Total Assets for the quarter that ended in Mar. 2024 was €16,921.2 Mil.

During the past 12 months, Mandatum's average Total Assets Growth Rate was 10.50% per year.

Total Assets is connected with ROA %. Mandatum's annualized ROA % for the quarter that ended in Mar. 2024 was 0.91%. Total Assets is also linked to Revenue through Asset Turnover. Mandatum's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Mandatum Total Assets Historical Data

The historical data trend for Mandatum'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.

* Premium members only.

Mandatum Total Assets Chart

Mandatum Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

16,551.50

14,847.80

16,342.60

Mandatum Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Total Assets	14,847.80	-	16,342.60	16,921.20

Mandatum 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.

Mandatum'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 )
	=	1599	+	14743.6
	=	16,342.6

Mandatum's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1636.8	+	15284.4
	=	16,921.2

Mandatum (OHEL:MANTA) Total Assets Explanation

Total Assets is connected with ROA %.

Mandatum's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	151.2	/	( (16342.6	+	16921.2)	/ 2 )
	=	151.2	/	16631.9
	=	0.91 %

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

Mandatum's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	408.3	/	( (16342.6	+	16921.2)	/ 2 )
=	408.3	/	16631.9
=	0.02

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.

Mandatum Total Assets Related Terms

Thank you for viewing the detailed overview of Mandatum's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mandatum (OHEL:MANTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mandatum PLC (OHEL:MANTA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MANDF:USA 0MAN:UK N2S:Germany

Address

Bulevardi 56, Helsinki, FIN, 00120

Website

Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

Mandatum (OHEL:MANTA) Headlines

No Headlines