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Infortar AS (OTSE:INF1T) Total Assets : €1,461 Mil (As of Dec. 2023)


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What is Infortar AS Total Assets?

Infortar AS's Total Assets for the quarter that ended in Dec. 2023 was €1,461 Mil.

During the past 12 months, Infortar AS's average Total Assets Growth Rate was 31.10% per year. During the past 3 years, the average Total Assets Growth Rate was 26.80% per year.

During the past 4 years, Infortar AS's highest 3-Year average Total Assets Growth Rate was 26.80%. The lowest was 26.80%. And the median was 26.80%.

Total Assets is connected with ROA %. Infortar AS's annualized ROA % for the quarter that ended in Dec. 2023 was 22.88%. Total Assets is also linked to Revenue through Asset Turnover. Infortar AS's Asset Turnover for the quarter that ended in Dec. 2023 was 0.84.

Infortar AS Total Assets Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Total Assets Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
696.29 882.52 1,107.41 1,460.51

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Total Assets 696.29 882.52 1,107.41 1,460.51

Infortar AS 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.

Infortar AS'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 )
=820.21+640.302
=1,461

Infortar AS's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=820.21+640.302
=1,461

* 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.

Infortar AS  (OTSE:INF1T) Total Assets Explanation

Total Assets is connected with ROA %.

Infortar AS's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=293.778/( (1107.412+1460.512)/ 2 )
=293.778/1283.962
=22.88 %

Note: The Net Income data used here is one times the annual (Dec. 2023) 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.

Infortar AS's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=1084.626/( (1107.412+1460.512)/ 2 )
=1084.626/1283.962
=0.84

* 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.

Infortar AS Total Assets Related Terms

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Infortar AS (OTSE:INF1T) Business Description

Industry
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Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

Infortar AS (OTSE:INF1T) Headlines

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