Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Total Assets : kr120.93 Mil (As of Dec. 2024)

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What is Nordic Asia Investment Group 1987 AB Total Assets?

Nordic Asia Investment Group 1987 AB's Total Assets for the quarter that ended in Dec. 2024 was kr120.93 Mil.

During the past 12 months, Nordic Asia Investment Group 1987 AB's average Total Assets Growth Rate was -0.70% per year. During the past 3 years, the average Total Assets Growth Rate was -9.40% per year.

During the past 5 years, Nordic Asia Investment Group 1987 AB's highest 3-Year average Total Assets Growth Rate was 67.40%. The lowest was -9.40%. And the median was 29.00%.

Total Assets is connected with ROA %. Nordic Asia Investment Group 1987 AB's annualized ROA % for the quarter that ended in Dec. 2024 was -13.13%. Total Assets is also linked to Revenue through Asset Turnover. Nordic Asia Investment Group 1987 AB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Nordic Asia Investment Group 1987 AB Total Assets Historical Data

The historical data trend for Nordic Asia Investment Group 1987 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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Nordic Asia Investment Group 1987 AB Total Assets Chart

Nordic Asia Investment Group 1987 AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

32.84

297.41

234.22

138.31

120.93

Nordic Asia Investment Group 1987 AB Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial													138.31	144.21	111.88	124.18	120.93

Nordic Asia Investment Group 1987 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.

Nordic Asia Investment Group 1987 AB's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	119.778	+	1.152
	=	120.93

Nordic Asia Investment Group 1987 AB's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	119.778	+	1.152
	=	120.93

Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Total Assets Explanation

Total Assets is connected with ROA %.

Nordic Asia Investment Group 1987 AB's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-16.088	/	( (124.184	+	120.93)	/ 2 )
	=	-16.088	/	122.557
	=	-13.13 %

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

Nordic Asia Investment Group 1987 AB's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0.341	/	( (124.184	+	120.93)	/ 2 )
=	0.341	/	122.557
=	0.00

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.

Nordic Asia Investment Group 1987 AB Total Assets Related Terms

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Nordic Asia Investment Group 1987 AB Business Description

Industry

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Traded in Other Exchanges

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Address

Nybrogatan 11 6tr, Stockholm, SWE, 114 39

Website

https://www.nordicasiagroup.com

Nordic Asia Investment Group 1987 AB is an investment company with a focus on long-term and strategic shareholding in market Chinese companies with exposure to the domestic consumer market in China.

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