GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Note AB (OSTO:NOTE) » Definitions » Total Assets

Note AB (OSTO:NOTE) Total Assets : kr3,160 Mil (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Note AB Total Assets?

Note AB's Total Assets for the quarter that ended in Sep. 2024 was kr3,160 Mil.

Warning Sign:

If a company builds assets at 30.8% a year, faster than its revenue growth rate of 25.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Note AB's average Total Assets Growth Rate was -12.70% per year. During the past 3 years, the average Total Assets Growth Rate was 43.10% per year. During the past 5 years, the average Total Assets Growth Rate was 30.80% per year. During the past 10 years, the average Total Assets Growth Rate was 20.30% per year.

During the past 13 years, Note AB's highest 3-Year average Total Assets Growth Rate was 43.10%. The lowest was -12.80%. And the median was 7.20%.

Total Assets is connected with ROA %. Note AB's annualized ROA % for the quarter that ended in Sep. 2024 was 5.42%. Total Assets is also linked to Revenue through Asset Turnover. Note AB's Asset Turnover for the quarter that ended in Sep. 2024 was 0.25.


Note AB Total Assets Historical Data

The historical data trend for Note 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.

Note AB Total Assets Chart

Note 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 1,129.09 1,109.24 2,163.80 2,765.36 3,220.11

Note AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,432.00 3,220.11 3,374.00 3,187.00 3,160.00

Note 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.

Note 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 )
=1396.111+1823.999
=3,220

Note AB's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1541+1619
=3,160

* 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.


Note AB  (OSTO:NOTE) Total Assets Explanation

Total Assets is connected with ROA %.

Note AB's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=172/( (3187+3160)/ 2 )
=172/3173.5
=5.42 %

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

Note AB's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=809/( (3187+3160)/ 2 )
=809/3173.5
=0.25

* 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.

Note AB Total Assets Related Terms

Thank you for viewing the detailed overview of Note AB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Note AB Business Description

Traded in Other Exchanges
Address
Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.