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Mips AB (OSTO:MIPS) Total Assets : kr751.0 Mil (As of Mar. 2024)


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What is Mips AB Total Assets?

Mips AB's Total Assets for the quarter that ended in Mar. 2024 was kr751.0 Mil.

Warning Sign:

If a company builds assets at 28.7% a year, faster than its revenue growth rate of 17.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mips AB's average Total Assets Growth Rate was 42.10% per year. During the past 3 years, the average Total Assets Growth Rate was 10.40% per year. During the past 5 years, the average Total Assets Growth Rate was 28.70% per year. During the past 10 years, the average Total Assets Growth Rate was 49.00% per year.

During the past 11 years, Mips AB's highest 3-Year average Total Assets Growth Rate was 117.70%. The lowest was 10.40%. And the median was 52.75%.

Total Assets is connected with ROA %. Mips AB's annualized ROA % for the quarter that ended in Mar. 2024 was 6.45%. Total Assets is also linked to Revenue through Asset Turnover. Mips AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.


Mips AB Total Assets Historical Data

The historical data trend for Mips 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.

Mips AB Total Assets Chart

Mips 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 343.00 517.00 756.00 767.00 738.00

Mips 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 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 733.00 617.00 703.00 738.00 751.00

Mips 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.

Mips 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 )
=657+81
=738.0

Mips 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 )
=671+80
=751.0

* 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.


Mips AB  (OSTO:MIPS) Total Assets Explanation

Total Assets is connected with ROA %.

Mips 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 )
=48/( (738+751)/ 2 )
=48/744.5
=6.45 %

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.

Mips 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 )
=82/( (738+751)/ 2 )
=82/744.5
=0.11

* 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.

Mips AB Total Assets Related Terms

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Mips AB (OSTO:MIPS) Business Description

Traded in Other Exchanges
Address
Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79
MIPS AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services.

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