Enad Global 7 AB's Total Assets for the quarter that ended in Mar. 2024 was kr5,026 Mil.
Warning Sign:
If a company builds assets at 216% a year, faster than its revenue growth rate of 37.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Enad Global 7 AB's average Total Assets Growth Rate was 3.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 216.00% per year.
During the past 8 years, Enad Global 7 AB's highest 3-Year average Total Assets Growth Rate was 1545.60%. The lowest was 7.80%. And the median was 610.70%.
The historical data trend for Enad Global 7 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.
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.
Enad Global 7 AB's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Enad Global 7 AB (OSTO:EG7) Total Assets Explanation
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.
Enad Global 7 AB's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Enad Global 7 AB Total Assets Related Terms
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Enad Global 7 AB operates within the gaming industry developing, marketing, publishing, and distributing PC, console, and mobile games to the gaming market. The company's game developers develop its own original IPs, as well as act as consultants to other publishers around the world through its game development divisions Toadman Studios and Antimatter Games. In addition, the company's marketing department Petrol has contributed to the release of approximately 1,500 titles, of which many are brands such as Call of Duty, Destiny, Dark Souls, and Rage. The company has two operating segments; Games and Services, and it derives a majority of its revenue from the Games segment.
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