StrongPoint ASA (OSL:STRO) Total Assets : kr1,023 Mil (As of Mar. 2024)

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What is StrongPoint ASA Total Assets?

StrongPoint ASA's Total Assets for the quarter that ended in Mar. 2024 was kr1,023 Mil.

Warning Sign:

If a company builds assets at 8.1% a year, faster than its revenue growth rate of 4.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, StrongPoint ASA's average Total Assets Growth Rate was 0.20% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 8.10% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, StrongPoint ASA's highest 3-Year average Total Assets Growth Rate was 43.80%. The lowest was -19.60%. And the median was 7.70%.

Total Assets is connected with ROA %. StrongPoint ASA's annualized ROA % for the quarter that ended in Mar. 2024 was -4.47%. Total Assets is also linked to Revenue through Asset Turnover. StrongPoint ASA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.

StrongPoint ASA Total Assets Historical Data

The historical data trend for StrongPoint 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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StrongPoint ASA Total Assets Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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690.54

786.13

846.53

985.64

1,014.49

StrongPoint ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,022.28	1,009.36	997.95	1,014.49	1,022.75

StrongPoint 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.

StrongPoint 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 )
	=	474.852	+	539.638
	=	1,014

StrongPoint ASA'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 )
	=	473.907	+	548.841
	=	1,023

StrongPoint ASA (OSL:STRO) Total Assets Explanation

Total Assets is connected with ROA %.

StrongPoint ASA'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 )
	=	-45.516	/	( (1014.49	+	1022.748)	/ 2 )
	=	-45.516	/	1018.619
	=	-4.47 %

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.

StrongPoint ASA'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 )
=	358.958	/	( (1014.49	+	1022.748)	/ 2 )
=	358.958	/	1018.619
=	0.35

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.

StrongPoint ASA Total Assets Related Terms

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StrongPoint ASA (OSL:STRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (OSL:STRO) » Definitions » Total Assets

Traded in Other Exchanges

PSIo:Sweden PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.