Storebrand ASA's Total Assets for the quarter that ended in Mar. 2024 was $90,978 Mil.
During the past 12 months, Storebrand ASA's average Total Assets Growth Rate was 15.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 13 years, Storebrand ASA's highest 3-Year average Total Assets Growth Rate was 28.00%. The lowest was 2.40%. And the median was 6.95%.
The historical data trend for Storebrand ASA'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.
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.
Storebrand ASA's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Storebrand ASA (OTCPK:SREDF) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Storebrand ASA's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Storebrand ASA Total Assets Related Terms
Thank you for viewing the detailed overview of Storebrand ASA's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Storebrand ASA (Storebrand ASA) Business Description
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SREDF has been successfully added to your 