Aker Carbon Capture ASA (OSL:ACC) Total Assets : kr1,455 Mil (As of Mar. 2024)

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What is Aker Carbon Capture ASA Total Assets?

Aker Carbon Capture ASA's Total Assets for the quarter that ended in Mar. 2024 was kr1,455 Mil.

During the past 12 months, Aker Carbon Capture ASA's average Total Assets Growth Rate was 178.30% per year. During the past 3 years, the average Total Assets Growth Rate was 178.10% per year.

During the past 4 years, Aker Carbon Capture ASA's highest 3-Year average Total Assets Growth Rate was 178.10%. The lowest was 178.10%. And the median was 178.10%.

Total Assets is connected with ROA %. Aker Carbon Capture ASA's annualized ROA % for the quarter that ended in Mar. 2024 was -17.24%. Total Assets is also linked to Revenue through Asset Turnover. Aker Carbon Capture ASA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.36.

Aker Carbon Capture ASA Total Assets Historical Data

The historical data trend for Aker Carbon Capture 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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Aker Carbon Capture ASA Total Assets Chart

Aker Carbon Capture ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

484.48

1,609.84

1,296.59

1,687.59

Aker Carbon Capture ASA Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										1,546.83	1,479.07	1,679.11	1,687.59	1,454.80

Aker Carbon Capture 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.

Aker Carbon Capture 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 )
	=	701.956	+	985.632
	=	1,688

Aker Carbon Capture ASA'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 )
	=	648.77	+	806.027
	=	1,455

Aker Carbon Capture ASA (OSL:ACC) Total Assets Explanation

Total Assets is connected with ROA %.

Aker Carbon Capture ASA'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 )
	=	-270.884	/	( (1687.588	+	1454.797)	/ 2 )
	=	-270.884	/	1571.1925
	=	-17.24 %

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.

Aker Carbon Capture ASA'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 )
=	566.317	/	( (1687.588	+	1454.797)	/ 2 )
=	566.317	/	1571.1925
=	0.36

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.

Aker Carbon Capture ASA Total Assets Related Terms

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Aker Carbon Capture ASA (OSL:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (OSL:ACC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AKCCF:USA ACCo:Sweden 0ZCB:UK 606:Germany

Address

Oksenoyveien 8, Lysaker, Baerum, NOR, 1366

Website

https://www.akercarboncapture.com

Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.