Nova Klubburinn hf (OISE:NOVA) Total Assets : kr23,587 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Nova Klubburinn hf Total Assets?

Nova Klubburinn hf's Total Assets for the quarter that ended in Mar. 2024 was kr23,587 Mil.

During the past 12 months, Nova Klubburinn hf's average Total Assets Growth Rate was 2.90% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 5 years, Nova Klubburinn hf's highest 3-Year average Total Assets Growth Rate was 6.80%. The lowest was 5.60%. And the median was 6.20%.

Total Assets is connected with ROA %. Nova Klubburinn hf's annualized ROA % for the quarter that ended in Mar. 2024 was 2.28%. Total Assets is also linked to Revenue through Asset Turnover. Nova Klubburinn hf's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Nova Klubburinn hf Total Assets Historical Data

The historical data trend for Nova Klubburinn 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.

* Premium members only.

Nova Klubburinn hf Total Assets Chart

Nova Klubburinn hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

18,947.00

18,810.00

24,464.57

22,771.54

23,169.78

Nova Klubburinn hf Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										22,862.41	23,423.55	23,376.67	23,169.78	23,586.96

Nova Klubburinn hf 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.

Nova Klubburinn hf'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 )
	=	9277.011	+	13892.766
	=	23,170

Nova Klubburinn hf'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 )
	=	9365.279	+	14221.683
	=	23,587

Nova Klubburinn hf (OISE:NOVA) Total Assets Explanation

Total Assets is connected with ROA %.

Nova Klubburinn hf'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 )
	=	532.56	/	( (23169.777	+	23586.962)	/ 2 )
	=	532.56	/	23378.3695
	=	2.28 %

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.

Nova Klubburinn hf'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 )
=	3167.634	/	( (23169.777	+	23586.962)	/ 2 )
=	3167.634	/	23378.3695
=	0.14

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.

Nova Klubburinn hf Total Assets Related Terms

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

Nova Klubburinn hf (OISE:NOVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nova Klubburinn hf (OISE:NOVA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lágmúli 9, Reykjavík, ISL, 108

Website

https://www.nova.is

Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.