Bien Sparebank ASA (OSL:BIEN) Total Assets : kr5,370.6 Mil (As of Sep. 2024)

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What is Bien Sparebank ASA Total Assets?

Bien Sparebank ASA's Total Assets for the quarter that ended in Sep. 2024 was kr5,370.6 Mil.

During the past 12 months, Bien Sparebank ASA's average Total Assets Growth Rate was 7.80% per year. During the past 3 years, the average Total Assets Growth Rate was -0.20% per year.

During the past 5 years, Bien Sparebank ASA's highest 3-Year average Total Assets Growth Rate was -0.20%. The lowest was -0.50%. And the median was -0.35%.

Total Assets is connected with ROA %. Bien Sparebank ASA's annualized ROA % for the quarter that ended in Sep. 2024 was 1.05%. Total Assets is also linked to Revenue through Asset Turnover. Bien Sparebank ASA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Bien Sparebank ASA Total Assets Historical Data

The historical data trend for Bien Sparebank ASA'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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Bien Sparebank ASA Total Assets Chart

Bien Sparebank ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

4,964.10

5,068.40

4,996.52

4,959.97

5,106.43

Bien Sparebank ASA Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial											5,011.36	5,106.43	5,116.01	5,269.62	5,370.60

Bien Sparebank ASA 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.

Bien Sparebank ASA'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 )
	=	694.192	+	4412.233
	=	5,106.4

Bien Sparebank ASA's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	703.778	+	4666.824
	=	5,370.6

Bien Sparebank ASA (OSL:BIEN) Total Assets Explanation

Total Assets is connected with ROA %.

Bien Sparebank ASA's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	55.876	/	( (5269.624	+	5370.602)	/ 2 )
	=	55.876	/	5320.113
	=	1.05 %

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

Bien Sparebank ASA's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	38.034	/	( (5269.624	+	5370.602)	/ 2 )
=	38.034	/	5320.113
=	0.01

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.

Bien Sparebank ASA Total Assets Related Terms

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Bien Sparebank ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bien Sparebank ASA (OSL:BIEN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dronning Mauds gate 11, Oslo, NOR, 0250

Website

https://www.bien.no

Bien Sparebank ASA is a independent savings bank. It is a close and accessible bank for individuals and businesses in the Oslo area. The company offers various services namely daily banking, saving, pension, insurance and others.

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