Momentum Group AB (OSTO:MMGR B) Total Assets : kr1,914 Mil (As of Mar. 2024)

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What is Momentum Group AB Total Assets?

Momentum Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,914 Mil.

During the past 12 months, Momentum Group AB's average Total Assets Growth Rate was 56.00% per year. During the past 3 years, the average Total Assets Growth Rate was 39.70% per year. During the past 5 years, the average Total Assets Growth Rate was 28.40% per year.

During the past 6 years, Momentum Group AB's highest 3-Year average Total Assets Growth Rate was 39.70%. The lowest was 21.80%. And the median was 25.60%.

Total Assets is connected with ROA %. Momentum Group AB's annualized ROA % for the quarter that ended in Mar. 2024 was 8.69%. Total Assets is also linked to Revenue through Asset Turnover. Momentum Group AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.

Momentum Group AB Total Assets Historical Data

The historical data trend for Momentum 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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Momentum Group AB Total Assets Chart

Momentum Group AB Annual Data

Trend

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Total Assets

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612.00

696.00

984.00

1,173.00

1,862.00

Momentum Group AB Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											1,235.00	1,677.00	1,754.00	1,862.00	1,914.00

Momentum 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.

Momentum 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 )
	=	656	+	1206
	=	1,862

Momentum 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 )
	=	706	+	1208
	=	1,914

Momentum Group AB (OSTO:MMGR B) Total Assets Explanation

Total Assets is connected with ROA %.

Momentum 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 )
	=	164	/	( (1862	+	1914)	/ 2 )
	=	164	/	1888
	=	8.69 %

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.

Momentum 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 )
=	661	/	( (1862	+	1914)	/ 2 )
=	661	/	1888
=	0.35

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.

Momentum Group AB Total Assets Related Terms

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Momentum Group AB (OSTO:MMGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Momentum Group AB (OSTO:MMGR B) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

X64:Germany

Address

Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59

Website

https://www.momentum.group

Momentum Group AB operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of a number of companies that together constitute one of the Nordic region's leading suppliers of industrial components, industrial services and other related services in the industrial sector.

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