Swedencare AB (Swedencare AB) Total Assets : $972.4 Mil (As of Mar. 2024)

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What is Swedencare AB Total Assets?

Swedencare AB's Total Assets for the quarter that ended in Mar. 2024 was $972.4 Mil.

Warning Sign:

If a company builds assets at 197.7% a year, faster than its revenue growth rate of 73.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Swedencare AB's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 119.30% per year. During the past 5 years, the average Total Assets Growth Rate was 197.70% per year.

During the past 10 years, Swedencare AB's highest 3-Year average Total Assets Growth Rate was 354.90%. The lowest was 14.30%. And the median was 119.30%.

Total Assets is connected with ROA %. Swedencare AB's annualized ROA % for the quarter that ended in Mar. 2024 was 1.22%. Total Assets is also linked to Revenue through Asset Turnover. Swedencare AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Swedencare AB Total Assets Historical Data

The historical data trend for Swedencare 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.

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Swedencare AB Total Assets Chart

Swedencare AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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15.84

139.19

381.88

964.03

928.30

Swedencare AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															944.26	958.72	922.69	928.30	972.42

Swedencare AB 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.

Swedencare AB'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 )
	=	702.582	+	225.716
	=	928.3

Swedencare AB's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	743.961	+	228.454
	=	972.4

Swedencare AB (OTCPK:SWDCF) Total Assets Explanation

Total Assets is connected with ROA %.

Swedencare AB's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	11.564	/	( (928.297	+	972.415)	/ 2 )
	=	11.564	/	950.356
	=	1.22 %

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.

Swedencare AB's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	57.524	/	( (928.297	+	972.415)	/ 2 )
=	57.524	/	950.356
=	0.06

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.

Swedencare AB Total Assets Related Terms

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Swedencare AB (Swedencare AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Swedencare AB (OTCPK:SWDCF) » Definitions » Total Assets

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Traded in Other Exchanges

SECARE:Sweden 0ABG:UK 7XY:Germany

Address

Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, SWE, 205 12

Website

https://www.swedencare.se

Swedencare AB is specialized in pet healthcare and produces partly in own factories, markets and sells premium products on the global market. The company has a wide range of brands and products within most therapy areas, which includes Animal Pharmaceuticals, nutravet, NutriScience, PetMD, Stratford, VetWELL as well as ProDen PlaqueOff for oral health to dogs and cats. The company's products are sold in approximately fifty markets.

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