DOF Group ASA (STU:UV3) Total Assets : €2,489 Mil (As of Sep. 2024)

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What is DOF Group ASA Total Assets?

DOF Group ASA's Total Assets for the quarter that ended in Sep. 2024 was €2,489 Mil.

During the past 12 months, DOF Group ASA's average Total Assets Growth Rate was 18.60% per year. During the past 3 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 4 years, DOF Group ASA's highest 3-Year average Total Assets Growth Rate was 13.30%. The lowest was 13.30%. And the median was 13.30%.

Total Assets is connected with ROA %. DOF Group ASA's annualized ROA % for the quarter that ended in Sep. 2024 was 10.03%. Total Assets is also linked to Revenue through Asset Turnover. DOF Group ASA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.

DOF Group ASA Total Assets Historical Data

The historical data trend for DOF Group 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.

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DOF Group ASA Total Assets Chart

DOF Group ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1,855.20

1,914.73

2,148.20

2,458.76

DOF Group ASA Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial								2,126.52	2,458.76	2,472.04	2,469.28	2,488.56

DOF Group ASA 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.

DOF Group ASA'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 )
	=	948.702	+	1510.061
	=	2,459

DOF Group ASA'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 )
	=	1075.794	+	1412.768
	=	2,489

DOF Group ASA (STU:UV3) Total Assets Explanation

Total Assets is connected with ROA %.

DOF Group ASA'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 )
	=	248.676	/	( (2469.282	+	2488.562)	/ 2 )
	=	248.676	/	2478.922
	=	10.03 %

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.

DOF Group ASA'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 )
=	306.34	/	( (2469.282	+	2488.562)	/ 2 )
=	306.34	/	2478.922
=	0.12

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.

DOF Group ASA Total Assets Related Terms

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DOF Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DOF Group ASA (STU:UV3) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DOFGo:Sweden DOFG:Norway DOFGo:UK

Address

Alfabygget, Storebo, NOR, 5392

Website

https://www.dof.com

DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. DOF operates in four segments which include DOF Subsea, DOF Rederi, Norskan, Corporate, and vessel management. The majority of revenue is derived from the subsea segment.

DOF Group ASA Headlines

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