FX International AB (XSAT:FXI) Total Assets : kr31.49 Mil (As of Mar. 2024)

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What is FX International AB Total Assets?

FX International AB's Total Assets for the quarter that ended in Mar. 2024 was kr31.49 Mil.

During the past 12 months, FX International AB's average Total Assets Growth Rate was 6.10% per year. During the past 3 years, the average Total Assets Growth Rate was 69.20% per year. During the past 5 years, the average Total Assets Growth Rate was 47.70% per year. During the past 10 years, the average Total Assets Growth Rate was 111.70% per year.

During the past 12 years, FX International AB's highest 3-Year average Total Assets Growth Rate was 277.00%. The lowest was -10.00%. And the median was 88.20%.

Total Assets is connected with ROA %. FX International AB's annualized ROA % for the quarter that ended in Mar. 2024 was -106.57%. Total Assets is also linked to Revenue through Asset Turnover. FX International AB's Asset Turnover for the quarter that ended in Mar. 2024 was -0.22.

FX International AB Total Assets Historical Data

The historical data trend for FX International 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.

* Premium members only.

FX International AB Total Assets Chart

FX International AB Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Total Assets

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6.24

12.30

32.78

36.08

24.64

FX International AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															32.07	30.34	27.60	24.64	31.49

FX International 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.

FX International 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 )
	=	23.538	+	1.1
	=	24.64

FX International 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 )
	=	30.205	+	1.28
	=	31.49

FX International AB (XSAT:FXI) Total Assets Explanation

Total Assets is connected with ROA %.

FX International 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 )
	=	-29.904	/	( (24.638	+	31.485)	/ 2 )
	=	-29.904	/	28.0615
	=	-106.57 %

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.

FX International 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 )
=	-6.299	/	( (24.638	+	31.485)	/ 2 )
=	-6.299	/	28.0615
=	-0.22

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.

FX International AB Total Assets Related Terms

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FX International AB (XSAT:FXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FX International AB (XSAT:FXI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Drottninggatan 62, Helsingborg, FIN, 252 21

Website

http://www.fxi.se

FX International AB is engaged in currency trading through algorithm-driven computer program with goal to maximize return on its capital for shareholders. The company's business model focuses on algorithm-driven trading using artificial intelligence within the foreign exchange market. It also have trading platform namely, Genova FX.