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Netel Holding AB (OSTO:NETEL) Total Assets : kr2,967 Mil (As of Mar. 2024)


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What is Netel Holding AB Total Assets?

Netel Holding AB's Total Assets for the quarter that ended in Mar. 2024 was kr2,967 Mil.

During the past 12 months, Netel Holding AB's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 23.90% per year. During the past 5 years, the average Total Assets Growth Rate was 15.70% per year.

During the past 6 years, Netel Holding AB's highest 3-Year average Total Assets Growth Rate was 23.90%. The lowest was 8.10%. And the median was 22.30%.

Total Assets is connected with ROA %. Netel Holding AB's annualized ROA % for the quarter that ended in Mar. 2024 was -1.05%. Total Assets is also linked to Revenue through Asset Turnover. Netel Holding AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.


Netel Holding AB Total Assets Historical Data

The historical data trend for Netel 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.

* Premium members only.

Netel Holding AB Total Assets Chart

Netel Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,600.08 1,511.00 2,133.00 3,119.00 3,146.00

Netel Holding AB Quarterly Data
Dec18 Dec19 Jun20 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 3,112.00 3,093.00 3,139.00 3,146.00 2,967.00

Netel 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.

Netel 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 )
=1134+2012
=3,146

Netel 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 )
=1133+1834
=2,967

* 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.


Netel Holding AB  (OSTO:NETEL) Total Assets Explanation

Total Assets is connected with ROA %.

Netel 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 )
=-32/( (3146+2967)/ 2 )
=-32/3056.5
=-1.05 %

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.

Netel 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 )
=714/( (3146+2967)/ 2 )
=714/3056.5
=0.23

* 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.

Netel Holding AB Total Assets Related Terms

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Netel Holding AB (OSTO:NETEL) Business Description

Traded in Other Exchanges
Address
Fagelviksvagen 9, 7th Floor, Stockholm, SWE, SE-145 84
Netel Holding AB is a specialist in critical infrastructure projects and services. It offers customers efficient, high-quality infrastructure projects and services through its extensive experience, broad geographical presence, and decentralized organization. It caters to industry players in power, telecommunications, and heating as well as water and sewage in carrying out projects as well as services and maintenance. The Group has five operating segments: Sweden, Norway, Finland, Germany, and the United Kingdom, out of which the company earns a majority of its revenue from Sweden.

Netel Holding AB (OSTO:NETEL) Headlines

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