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Scandinavian Medical Solutions AS (OCSE:SMSMED) Total Assets : kr164.2 Mil (As of Mar. 2024)


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What is Scandinavian Medical Solutions AS Total Assets?

Scandinavian Medical Solutions AS's Total Assets for the quarter that ended in Mar. 2024 was kr164.2 Mil.

During the past 12 months, Scandinavian Medical Solutions AS's average Total Assets Growth Rate was 31.60% per year. During the past 3 years, the average Total Assets Growth Rate was 190.00% per year.

During the past 5 years, Scandinavian Medical Solutions AS's highest 3-Year average Total Assets Growth Rate was 190.00%. The lowest was 145.20%. And the median was 167.60%.

Total Assets is connected with ROA %. Scandinavian Medical Solutions AS's annualized ROA % for the quarter that ended in Mar. 2024 was 3.21%. Total Assets is also linked to Revenue through Asset Turnover. Scandinavian Medical Solutions AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.63.

Scandinavian Medical Solutions AS Total Assets Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Total Assets Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
9.37 17.06 44.64 106.13 163.96

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only 89.26 106.13 121.88 163.96 164.24

Scandinavian Medical Solutions AS 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.

Scandinavian Medical Solutions AS's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=74.451+89.513
=164.0

Scandinavian Medical Solutions AS'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 )
=77.327+86.909
=164.2

* 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.

Scandinavian Medical Solutions AS  (OCSE:SMSMED) Total Assets Explanation

Total Assets is connected with ROA %.

Scandinavian Medical Solutions AS'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 )
=5.264/( (163.964+164.236)/ 2 )
=5.264/164.1
=3.21 %

Note: The Net Income data used here is two times the semi-annual (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.

Scandinavian Medical Solutions AS'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 )
=102.563/( (163.964+164.236)/ 2 )
=102.563/164.1
=0.63

* 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.

Scandinavian Medical Solutions AS Total Assets Related Terms

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Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Medical Solutions AS (OCSE:SMSMED) » Definitions » Total Assets
Comparable Companies
OCSE:VIRO ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA XSWX:SOON ALGN SHSE:688271 ASX:COH LSE:SN. PODD OCSE:DEMANT BRKR BIO
Traded in Other Exchanges
K41:Germany
Address
Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000
Website
https://www.scandinavian-medical.com
Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Headlines

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