TietoEVRY (OSTO:TIETOS) Total Assets : kr37,289 Mil (As of Sep. 2024)

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What is TietoEVRY Total Assets?

TietoEVRY's Total Assets for the quarter that ended in Sep. 2024 was kr37,289 Mil.

During the past 12 months, TietoEVRY's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was -0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 16.30% per year. During the past 10 years, the average Total Assets Growth Rate was 18.30% per year.

During the past 13 years, TietoEVRY's highest 3-Year average Total Assets Growth Rate was 53.30%. The lowest was -9.70%. And the median was 1.30%.

Total Assets is connected with ROA %. TietoEVRY's annualized ROA % for the quarter that ended in Sep. 2024 was 4.59%. Total Assets is also linked to Revenue through Asset Turnover. TietoEVRY's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.

TietoEVRY Total Assets Historical Data

The historical data trend for TietoEVRY'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.

TietoEVRY Total Assets Chart

TietoEVRY Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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40,178.88

36,675.55

36,843.18

37,310.23

39,356.97

TietoEVRY 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															40,962.89	39,356.97	39,177.04	38,516.30	37,288.74

TietoEVRY 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.

TietoEVRY'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 )
	=	18035.255	+	21321.714
	=	39,357

TietoEVRY'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 )
	=	16660.441	+	20628.294
	=	37,289

TietoEVRY (OSTO:TIETOS) Total Assets Explanation

Total Assets is connected with ROA %.

TietoEVRY'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 )
	=	1739.272	/	( (38516.301	+	37288.735)	/ 2 )
	=	1739.272	/	37902.518
	=	4.59 %

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.

TietoEVRY'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 )
=	7436.176	/	( (38516.301	+	37288.735)	/ 2 )
=	7436.176	/	37902.518
=	0.20

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.

TietoEVRY Total Assets Related Terms

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TietoEVRY Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TietoEVRY Corp (OSTO:TIETOS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TIETO:Norway TIETOh:UK 0KG0:UK TIETO:Finland TTEB:Germany

Address

Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101

Website

https://www.tietoevry.com

TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale - aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

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