NetEnt AB's Total Assets for the quarter that ended in Sep. 2020 was kr3,848.09 Mil.
Warning Sign:
If a company builds asset at 37.6% a year, faster than its revenue growth rate of 15.8% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, NetEnt AB's average Total Assets Growth Rate was -10.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 67.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 37.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 26.00% per year.
During the past 13 years, NetEnt AB's highest 3-Year average Total Assets Growth Rate was 67.70%. The lowest was 6.10%. And the median was 34.40%.
Total Assets is connected with ROA %. NetEnt AB's annualizedROA % for the quarter that ended in Sep. 2020 was 17.32%. Total Assets is also linked to Revenue through Asset Turnover. NetEnt AB's Asset Turnover for the quarter that ended in Sep. 2020 was 0.13.
NetEnt AB Total Assets Historical Data
The historical data trend for NetEnt 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.
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.
NetEnt AB's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as
* 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.
NetEnt AB (OSTO:NET IL B.PFD) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2020) 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.
NetEnt AB's Asset Turnover for the quarter that ended in Sep. 2020 is
* 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.
NetEnt AB Total Assets Related Terms
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NetEnt AB (OSTO:NET IL B.PFD) Business Description
NetEnt AB is a Swedish company that is involved in the entertainment business and primarily develops and sells casino systems and game applications. The company's gaming portfolio comprises various game categories, including video slots, the firm's most popular category; branded games; live casino; table games; video poker; lottery and other; mini games; and pooled jackpot games. NetEnt and its customers, which are casino operators, work according to a partnership model where gaming operators pay a monthly license fee to NetEnt calculated as a percentage of the game win generated by NetEnt's games. Outside Sweden, the firm has expanded across Europe, namely in Spain and the United Kingdom, as well as New Jersey in the United States.
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