OX2 AB (OSTO:OX2) Total Assets : kr7,653 Mil (As of Jun. 2024)

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What is OX2 AB Total Assets?

OX2 AB's Total Assets for the quarter that ended in Jun. 2024 was kr7,653 Mil.

Warning Sign:

If a company builds assets at 37.3% a year, faster than its revenue growth rate of 11.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, OX2 AB's average Total Assets Growth Rate was 10.30% per year. During the past 3 years, the average Total Assets Growth Rate was 89.20% per year. During the past 5 years, the average Total Assets Growth Rate was 37.30% per year.

During the past 6 years, OX2 AB's highest 3-Year average Total Assets Growth Rate was 89.20%. The lowest was 14.60%. And the median was 25.00%.

Total Assets is connected with ROA %. OX2 AB's annualized ROA % for the quarter that ended in Jun. 2024 was -8.13%. Total Assets is also linked to Revenue through Asset Turnover. OX2 AB's Asset Turnover for the quarter that ended in Jun. 2024 was 0.29.

OX2 AB Total Assets Historical Data

The historical data trend for OX2 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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OX2 AB Total Assets Chart

OX2 AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,432.81

1,961.00

3,743.00

6,365.00

7,790.00

OX2 AB Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															6,526.00	7,386.00	7,790.00	7,887.00	7,653.00

OX2 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.

OX2 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 )
	=	4549	+	3241
	=	7,790

OX2 AB's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	4414	+	3239
	=	7,653

OX2 AB (OSTO:OX2) Total Assets Explanation

Total Assets is connected with ROA %.

OX2 AB's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-632	/	( (7887	+	7653)	/ 2 )
	=	-632	/	7770
	=	-8.13 %

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

OX2 AB's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	2233	/	( (7887	+	7653)	/ 2 )
=	2233	/	7770
=	0.29

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.

OX2 AB Total Assets Related Terms

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OX2 AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OX2 AB (OSTO:OX2) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Lilla Nygatan 1, Box 2299, Stockholm, SWE, 103 17

Website

https://www.ox2.com

OX2 AB develops and sells wind and solar farms. It has operations in Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy, Estonia, and Romania.

OX2 AB Headlines

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