Solid Clouds hf (OISE:SOLID) Total Assets : kr1,174.67 Mil (As of Dec. 2024)

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What is Solid Clouds hf Total Assets?

Solid Clouds hf's Total Assets for the quarter that ended in Dec. 2024 was kr1,174.67 Mil.

Warning Sign:

If a company builds assets at 22.5% a year, faster than its revenue growth rate of 12.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Solid Clouds hf's average Total Assets Growth Rate was -1.10% per year. During the past 3 years, the average Total Assets Growth Rate was 14.80% per year. During the past 5 years, the average Total Assets Growth Rate was 22.50% per year.

During the past 7 years, Solid Clouds hf's highest 3-Year average Total Assets Growth Rate was 36.70%. The lowest was 14.80%. And the median was 27.90%.

Total Assets is connected with ROA %. Solid Clouds hf's annualized ROA % for the quarter that ended in Dec. 2024 was -46.52%. Total Assets is also linked to Revenue through Asset Turnover. Solid Clouds hf's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Solid Clouds hf Total Assets Historical Data

The historical data trend for Solid Clouds 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.

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Solid Clouds hf Total Assets Chart

Solid Clouds hf Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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658.16

1,336.59

1,298.20

1,217.69

1,174.67

Solid Clouds hf Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial						1,298.20	1,249.96	1,217.69	1,421.53	1,174.67

Solid Clouds 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.

Solid Clouds hf'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 )
	=	1072.783	+	101.889
	=	1,174.67

Solid Clouds hf'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 )
	=	1072.783	+	101.889
	=	1,174.67

Solid Clouds hf (OISE:SOLID) Total Assets Explanation

Total Assets is connected with ROA %.

Solid Clouds hf's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-603.864	/	( (1421.53	+	1174.672)	/ 2 )
	=	-603.864	/	1298.101
	=	-46.52 %

Note: The Net Income data used here is two times the semi-annual (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.

Solid Clouds hf's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	70.06	/	( (1421.53	+	1174.672)	/ 2 )
=	70.06	/	1298.101
=	0.05

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.

Solid Clouds hf Total Assets Related Terms

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Solid Clouds hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Solid Clouds hf (OISE:SOLID) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eioistorg 17, Seltjarnarnes, ISL, 170

Website

https://www.solidclouds.com

Solid Clouds hf is engaged in information technology, software development, and the creation and marketing of computer games. It has a focus on creating a technology framework for the fast production of massively multiplayer online real-time games. Geographically group generates the majority of its revenue from the United States of America. It has income from the sale of virtual goods in the computer games.

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