GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (OSTO:SKIS B) » Definitions » Total Assets

SkiStar AB (OSTO:SKIS B) Total Assets : kr8,827 Mil (As of May. 2024)


View and export this data going back to 1994. Start your Free Trial

What is SkiStar AB Total Assets?

SkiStar AB's Total Assets for the quarter that ended in May. 2024 was kr8,827 Mil.

Warning Sign:

If a company builds assets at 13.8% a year, faster than its revenue growth rate of 11.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, SkiStar AB's average Total Assets Growth Rate was 5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.50% per year. During the past 5 years, the average Total Assets Growth Rate was 13.80% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, SkiStar AB's highest 3-Year average Total Assets Growth Rate was 20.40%. The lowest was -1.90%. And the median was 7.60%.

Total Assets is connected with ROA %. SkiStar AB's annualized ROA % for the quarter that ended in May. 2024 was 14.17%. Total Assets is also linked to Revenue through Asset Turnover. SkiStar AB's Asset Turnover for the quarter that ended in May. 2024 was 0.17.


SkiStar AB Total Assets Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Total Assets Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,065.78 6,023.25 6,874.00 7,973.52 8,760.99

SkiStar AB Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 8,376.96 8,760.99 8,920.58 8,843.87 8,826.85

SkiStar 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.

SkiStar AB's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=3483.936+5277.057
=8,761

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

Total Assets=Total Equity (Q: May. 2024 )+Total Liabilities (Q: May. 2024 )
=4000.036+4826.809
=8,827

* 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.


SkiStar AB  (OSTO:SKIS B) Total Assets Explanation

Total Assets is connected with ROA %.

SkiStar AB's annualized ROA % for the quarter that ended in May. 2024 is

ROA %=Net Income (Q: May. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: May. 2024 ))/ count )
=1252.4/( (8843.865+8826.845)/ 2 )
=1252.4/8835.355
=14.17 %

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

SkiStar AB's Asset Turnover for the quarter that ended in May. 2024 is

Asset Turnover
=Revenue (Q: May. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: May. 2024 ))/ count )
=1489.855/( (8843.865+8826.845)/ 2 )
=1489.855/8835.355
=0.17

* 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.

SkiStar AB Total Assets Related Terms

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


SkiStar AB Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB Headlines

No Headlines