Nimbus Group AB (OSTO:BOAT) Total Assets : kr2,135 Mil (As of Mar. 2024)

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What is Nimbus Group AB Total Assets?

Nimbus Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr2,135 Mil.

During the past 12 months, Nimbus Group AB's average Total Assets Growth Rate was 17.80% per year. During the past 3 years, the average Total Assets Growth Rate was 44.80% per year. During the past 5 years, the average Total Assets Growth Rate was 28.70% per year.

During the past 7 years, Nimbus Group AB's highest 3-Year average Total Assets Growth Rate was 44.80%. The lowest was 21.60%. And the median was 36.65%.

Total Assets is connected with ROA %. Nimbus Group AB's annualized ROA % for the quarter that ended in Mar. 2024 was -1.36%. Total Assets is also linked to Revenue through Asset Turnover. Nimbus Group AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

Nimbus Group AB Total Assets Historical Data

The historical data trend for Nimbus Group AB'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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Nimbus Group AB Total Assets Chart

Nimbus Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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740.59

691.96

1,227.50

1,570.74

2,011.49

Nimbus Group AB Quarterly Data
	Dec18	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															1,803.51	2,080.91	1,970.06	2,011.49	2,134.81

Nimbus Group AB 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.

Nimbus Group AB'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 )
	=	862.991	+	1148.502
	=	2,011

Nimbus Group AB'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 )
	=	868.055	+	1266.757
	=	2,135

Nimbus Group AB (OSTO:BOAT) Total Assets Explanation

Total Assets is connected with ROA %.

Nimbus Group AB'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 )
	=	-28.096	/	( (2011.493	+	2134.812)	/ 2 )
	=	-28.096	/	2073.1525
	=	-1.36 %

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.

Nimbus Group AB'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 )
=	343.774	/	( (2011.493	+	2134.812)	/ 2 )
=	343.774	/	2073.1525
=	0.17

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.

Nimbus Group AB Total Assets Related Terms

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Nimbus Group AB (OSTO:BOAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nimbus Group AB (OSTO:BOAT) » Definitions » Total Assets

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9RN:Germany

Address

Box 5152, Västra Frolunda, SWE, S-426 05

Website

https://www.nimbusgroup.se

Nimbus Group AB is a manufacturer of premium leisure motorboats. Its brand includes Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The company operates globally, with the largest presence in the European and American markets.