Marel hf's Total Assets for the quarter that ended in Mar. 2024 was kr385,965 Mil.
Warning Sign:
If a company builds assets at 11.5% a year, faster than its revenue growth rate of 5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Marel hf's average Total Assets Growth Rate was -3.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.40% per year.
During the past 13 years, Marel hf's highest 3-Year average Total Assets Growth Rate was 109.70%. The lowest was -6.20%. And the median was 9.30%.
Total Assets is connected with ROA %. Marel hf's annualizedROA % for the quarter that ended in Mar. 2024 was -0.50%. Total Assets is also linked to Revenue through Asset Turnover. Marel hf's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.
Marel hf Total Assets Historical Data
The historical data trend for Marel hf'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.
Marel hf's Total Assets for the fiscal year that ended in Dec. 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.
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.
Marel hf's Asset Turnover for the quarter that ended in Mar. 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.
Marel hf Total Assets Related Terms
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Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.
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