GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proximar Seafood AS (OSL:PROXI) » Definitions » Total Assets

Proximar Seafood AS (OSL:PROXI) Total Assets : kr1,493.05 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Proximar Seafood AS Total Assets?

Proximar Seafood AS's Total Assets for the quarter that ended in Mar. 2024 was kr1,493.05 Mil.

During the past 12 months, Proximar Seafood AS's average Total Assets Growth Rate was 38.20% per year. During the past 3 years, the average Total Assets Growth Rate was 403.70% per year. During the past 5 years, the average Total Assets Growth Rate was 333.60% per year.

During the past 6 years, Proximar Seafood AS's highest 3-Year average Total Assets Growth Rate was 532.10%. The lowest was 379.90%. And the median was 403.70%.

Total Assets is connected with ROA %. Proximar Seafood AS's annualized ROA % for the quarter that ended in Mar. 2024 was -8.32%. Total Assets is also linked to Revenue through Asset Turnover. Proximar Seafood AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Proximar Seafood AS Total Assets Historical Data

The historical data trend for Proximar Seafood 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.

* Premium members only.

Proximar Seafood AS Total Assets Chart

Proximar Seafood AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 8.82 38.62 488.45 860.47 1,387.92

Proximar Seafood AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 996.71 1,126.09 1,573.53 1,387.92 1,493.05

Proximar Seafood 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.

Proximar Seafood 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 )
=372.364+1015.558
=1,387.92

Proximar Seafood 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 )
=494.548+998.504
=1,493.05

* 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.

Proximar Seafood AS  (OSL:PROXI) Total Assets Explanation

Total Assets is connected with ROA %.

Proximar Seafood 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 )
=-119.82/( (1387.922+1493.052)/ 2 )
=-119.82/1440.487
=-8.32 %

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.

Proximar Seafood 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 )
=0/( (1387.922+1493.052)/ 2 )
=0/1440.487
=0.00

* 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.

Proximar Seafood AS Total Assets Related Terms

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

Proximar Seafood AS (OSL:PROXI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proximar Seafood AS (OSL:PROXI) » Definitions » Total Assets
Comparable Companies
OSL:STATT OSL:BARRA OSL:BFISH OSL:NOHAL OSL:NCOD OSL:GIGA OSL:ASA OSL:NOAP ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065
Traded in Other Exchanges
84Q:Germany
Address
Edvard Griegs vei 3C, Bergen, NOR, 5059
Website
https://www.proximarseafood.com
Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment.

Proximar Seafood AS (OSL:PROXI) Headlines

No Headlines