Prosafe SE's Total Assets for the quarter that ended in Dec. 2023 was kr5,198 Mil.
During the past 12 months, Prosafe SE's average Total Assets Growth Rate was 9.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -22.40% per year.
During the past 10 years, the average Total Assets Growth Rate was -14.00% per year.
During the past 13 years, Prosafe SE's highest 3-Year average Total Assets Growth Rate was 33.60%. The lowest was -35.70%. And the median was -0.75%.
Total Assets is connected with ROA %. Prosafe SE's annualizedROA % for the quarter that ended in Dec. 2023 was -12.08%. Total Assets is also linked to Revenue through Asset Turnover. Prosafe SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.
Prosafe SE Total Assets Historical Data
The historical data trend for Prosafe SE'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.
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.
Prosafe SE's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) 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.
Prosafe SE's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Prosafe SE Total Assets Related Terms
Thank you for viewing the detailed overview of Prosafe SE's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.
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