Ericsson Nikola Tesla dd (ZAG:ERNT) Total Assets : €184.3 Mil (As of Mar. 2024)

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What is Ericsson Nikola Tesla dd Total Assets?

Ericsson Nikola Tesla dd's Total Assets for the quarter that ended in Mar. 2024 was €184.3 Mil.

During the past 12 months, Ericsson Nikola Tesla dd's average Total Assets Growth Rate was 19.40% per year. During the past 3 years, the average Total Assets Growth Rate was -6.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 4.70% per year.

During the past 12 years, Ericsson Nikola Tesla dd's highest 3-Year average Total Assets Growth Rate was 16.80%. The lowest was -8.40%. And the median was 3.85%.

Total Assets is connected with ROA %. Ericsson Nikola Tesla dd's annualized ROA % for the quarter that ended in Mar. 2024 was 13.92%. Total Assets is also linked to Revenue through Asset Turnover. Ericsson Nikola Tesla dd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.

Ericsson Nikola Tesla dd Total Assets Historical Data

The historical data trend for Ericsson Nikola Tesla dd'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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Ericsson Nikola Tesla dd Total Assets Chart

Ericsson Nikola Tesla dd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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113.20

128.15

128.88

156.83

162.04

Ericsson Nikola Tesla dd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															162.04	-	163.85	182.78	184.26

Ericsson Nikola Tesla dd 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.

Ericsson Nikola Tesla dd's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	56.235	+	105.807
	=	162.0

Ericsson Nikola Tesla dd'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 )
	=	78.696	+	105.568
	=	184.3

Ericsson Nikola Tesla dd (ZAG:ERNT) Total Assets Explanation

Total Assets is connected with ROA %.

Ericsson Nikola Tesla dd's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	25.548	/	( (182.78	+	184.264)	/ 2 )
	=	25.548	/	183.522
	=	13.92 %

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.

Ericsson Nikola Tesla dd's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	51.988	/	( (182.78	+	184.264)	/ 2 )
=	51.988	/	183.522
=	0.28

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.

Ericsson Nikola Tesla dd Total Assets Related Terms

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Ericsson Nikola Tesla dd (ZAG:ERNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ericsson Nikola Tesla dd (ZAG:ERNT) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Krapinska 45, PO Box 93, Zagreb, HRV, 10002

Website

https://www.ericsson.com

Ericsson Nikola Tesla dd is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's activities include marketing and sales, research and development, design of total communication solutions, services in multi-service and mobile networks area, including mobile Internet and complex system integration in all business areas. It operates in four segments Networks, Digital Services, Managed Services, and Others.

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