Desert Control AS (OSL:DSRT) Total Assets : kr119.70 Mil (As of Mar. 2024)

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What is Desert Control AS Total Assets?

Desert Control AS's Total Assets for the quarter that ended in Mar. 2024 was kr119.70 Mil.

During the past 12 months, Desert Control AS's average Total Assets Growth Rate was -64.00% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year.

During the past 5 years, Desert Control AS's highest 3-Year average Total Assets Growth Rate was 13.00%. The lowest was -3.60%. And the median was 4.70%.

Total Assets is connected with ROA %. Desert Control AS's annualized ROA % for the quarter that ended in Mar. 2024 was -24.99%. Total Assets is also linked to Revenue through Asset Turnover. Desert Control AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Desert Control AS Total Assets Historical Data

The historical data trend for Desert Control AS'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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Desert Control AS Total Assets Chart

Desert Control AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

47.53

38.67

204.45

119.27

133.51

Desert Control AS Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											96.55	74.39	87.58	133.51	119.70

Desert Control AS 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.

Desert Control AS'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 )
	=	129.067	+	4.447
	=	133.51

Desert Control AS'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 )
	=	115.424	+	4.272
	=	119.70

Desert Control AS (OSL:DSRT) Total Assets Explanation

Total Assets is connected with ROA %.

Desert Control AS'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 )
	=	-31.636	/	( (133.514	+	119.696)	/ 2 )
	=	-31.636	/	126.605
	=	-24.99 %

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.

Desert Control AS'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 )
=	1.263	/	( (133.514	+	119.696)	/ 2 )
=	1.263	/	126.605
=	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.

Desert Control AS Total Assets Related Terms

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Desert Control AS (OSL:DSRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Desert Control AS (OSL:DSRT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

8KT:Germany

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.desertcontrol.com

Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.

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