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J M AB (OSTO:JM) Total Assets : kr27,997 Mil (As of Sep. 2024)


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What is J M AB Total Assets?

J M AB's Total Assets for the quarter that ended in Sep. 2024 was kr27,997 Mil.

During the past 12 months, J M AB's average Total Assets Growth Rate was -9.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.30% per year. During the past 5 years, the average Total Assets Growth Rate was 10.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.90% per year.

During the past 13 years, J M AB's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -18.10%. And the median was 6.60%.

Total Assets is connected with ROA %. J M AB's annualized ROA % for the quarter that ended in Sep. 2024 was 0.54%. Total Assets is also linked to Revenue through Asset Turnover. J M AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.


J M AB Total Assets Historical Data

The historical data trend for J M 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.

* Premium members only.

J M AB Total Assets Chart

J M AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,972.00 23,088.00 29,824.00 31,919.00 30,073.00

J M AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,076.00 30,073.00 29,895.00 29,630.00 27,997.00

J M 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.

J M 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 )
=7971+22102
=30,073

J M AB's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=7917+20080
=27,997

* 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.


J M AB  (OSTO:JM) Total Assets Explanation

Total Assets is connected with ROA %.

J M AB's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=156/( (29630+27997)/ 2 )
=156/28813.5
=0.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

J M AB's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2839/( (29630+27997)/ 2 )
=2839/28813.5
=0.10

* 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.

J M AB Total Assets Related Terms

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J M AB Business Description

Traded in Other Exchanges
Address
Gustav III:S boulevard 64, Solna, Stockholm, SWE, SE-169 82
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm, JM CONSTRUCTION; carries out construction work for external and internal customers in the Greater Stockholm area.

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