SSAB AB's Total Assets for the quarter that ended in Dec. 2024 was $10,080 Mil.
During the past 12 months, SSAB AB's average Total Assets Growth Rate was 5.10% per year.
During the past 3 years, the average Total Assets Growth Rate was -5.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.90% per year.
During the past 10 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 13 years, SSAB AB's highest 3-Year average Total Assets Growth Rate was 65.20%. The lowest was -12.80%. And the median was 1.80%.
Total Assets is connected with ROA %. SSAB AB's annualizedROA % for the quarter that ended in Dec. 2024 was 1.73%. Total Assets is also linked to Revenue through Asset Turnover. SSAB AB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.21.
SSAB AB Total Assets Historical Data
The historical data trend for SSAB 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.
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.
SSAB AB's Total Assets for the fiscal year that ended in Dec. 2024 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
SSAB AB's Asset Turnover for the quarter that ended in Dec. 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.
SSAB AB Total Assets Related Terms
Thank you for viewing the detailed overview of SSAB AB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.
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