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Akastor ASA (OSL:AKAST) Total Assets : kr6,981.0 Mil (As of Mar. 2024)


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What is Akastor ASA Total Assets?

Akastor ASA's Total Assets for the quarter that ended in Mar. 2024 was kr6,981.0 Mil.

During the past 12 months, Akastor ASA's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was -12.70% per year. During the past 5 years, the average Total Assets Growth Rate was -9.60% per year. During the past 10 years, the average Total Assets Growth Rate was -16.00% per year.

During the past 13 years, Akastor ASA's highest 3-Year average Total Assets Growth Rate was 25.80%. The lowest was -35.20%. And the median was -7.15%.

Total Assets is connected with ROA %. Akastor ASA's annualized ROA % for the quarter that ended in Mar. 2024 was 36.41%. Total Assets is also linked to Revenue through Asset Turnover. Akastor ASA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.


Akastor ASA Total Assets Historical Data

The historical data trend for Akastor 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.

* Premium members only.

Akastor ASA Total Assets Chart

Akastor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,578.00 9,147.00 7,212.00 6,804.00 6,048.00

Akastor ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,992.00 6,826.00 6,367.00 6,048.00 6,981.00

Akastor 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.

Akastor 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 )
=3970+2078
=6,048.0

Akastor 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 )
=4712+2269
=6,981.0

* 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.


Akastor ASA  (OSL:AKAST) Total Assets Explanation

Total Assets is connected with ROA %.

Akastor 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 )
=2372/( (6048+6981)/ 2 )
=2372/6514.5
=36.41 %

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.

Akastor 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 )
=642/( (6048+6981)/ 2 )
=642/6514.5
=0.10

* 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.

Akastor ASA Total Assets Related Terms

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Akastor ASA (OSL:AKAST) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

Akastor ASA (OSL:AKAST) Headlines

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