Magle Chemoswed Holding AB (OSTO:MAGLE) Total Assets : kr290.7 Mil (As of Mar. 2024)

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What is Magle Chemoswed Holding AB Total Assets?

Magle Chemoswed Holding AB's Total Assets for the quarter that ended in Mar. 2024 was kr290.7 Mil.

Warning Sign:

If a company builds assets at 10.6% a year, faster than its revenue growth rate of 5.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Magle Chemoswed Holding AB's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.50% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 6 years, Magle Chemoswed Holding AB's highest 3-Year average Total Assets Growth Rate was 16.80%. The lowest was 5.20%. And the median was 11.50%.

Total Assets is connected with ROA %. Magle Chemoswed Holding AB's annualized ROA % for the quarter that ended in Mar. 2024 was 4.18%. Total Assets is also linked to Revenue through Asset Turnover. Magle Chemoswed Holding AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Magle Chemoswed Holding AB Total Assets Historical Data

The historical data trend for Magle Chemoswed Holding 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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Magle Chemoswed Holding AB Total Assets Chart

Magle Chemoswed Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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212.28

198.07

243.56

252.86

272.97

Magle Chemoswed Holding AB 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															269.68	262.36	272.76	272.97	290.69

Magle Chemoswed Holding 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.

Magle Chemoswed Holding 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 )
	=	158.225	+	114.745
	=	273.0

Magle Chemoswed Holding 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 )
	=	161.424	+	129.27
	=	290.7

Magle Chemoswed Holding AB (OSTO:MAGLE) Total Assets Explanation

Total Assets is connected with ROA %.

Magle Chemoswed Holding 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 )
	=	11.776	/	( (272.97	+	290.694)	/ 2 )
	=	11.776	/	281.832
	=	4.18 %

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.

Magle Chemoswed Holding 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 )
=	41.902	/	( (272.97	+	290.694)	/ 2 )
=	41.902	/	281.832
=	0.15

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.

Magle Chemoswed Holding AB Total Assets Related Terms

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Magle Chemoswed Holding AB (OSTO:MAGLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Magle Chemoswed Holding AB (OSTO:MAGLE) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Agneslundsvagen 27, Malmo, SWE, 21215

Website

https://www.maglechemoswed.com

Magle Chemoswed Holding AB is a contract development and manufacturing organization that serves companies in the pharmaceutical and medical device industry on a contract basis. It provides comprehensive services from product development through product manufacturing. The company's products portfolio includes Warfarin sodium, Melperone hydrochloride, Isradipine, Amantadine sulfate, and Benserazide hydrochloride.

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