Circhem AB (OSTO:CIRCHE) Total Assets : kr55.17 Mil (As of Mar. 2024)

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What is Circhem AB Total Assets?

Circhem AB's Total Assets for the quarter that ended in Mar. 2024 was kr55.17 Mil.

During the past 12 months, Circhem AB's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 10.30% per year.

During the past 7 years, Circhem AB's highest 3-Year average Total Assets Growth Rate was 68.90%. The lowest was -1.70%. And the median was 13.95%.

Total Assets is connected with ROA %. Circhem AB's annualized ROA % for the quarter that ended in Mar. 2024 was -23.98%. Total Assets is also linked to Revenue through Asset Turnover. Circhem AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Circhem AB Total Assets Historical Data

The historical data trend for Circhem AB'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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Circhem AB Total Assets Chart

Circhem AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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44.64

56.99

52.14

50.30

59.11

Circhem AB Quarterly Data
	Dec17	Dec18	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															51.84	55.48	60.11	59.11	55.17

Circhem AB 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.

Circhem AB'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 )
	=	35.105	+	24.004
	=	59.11

Circhem AB'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 )
	=	31.681	+	23.489
	=	55.17

Circhem AB (OSTO:CIRCHE) Total Assets Explanation

Total Assets is connected with ROA %.

Circhem AB'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 )
	=	-13.7	/	( (59.109	+	55.17)	/ 2 )
	=	-13.7	/	57.1395
	=	-23.98 %

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.

Circhem AB'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 )
=	2.506	/	( (59.109	+	55.17)	/ 2 )
=	2.506	/	57.1395
=	0.04

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.

Circhem AB Total Assets Related Terms

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Circhem AB (OSTO:CIRCHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Circhem AB (OSTO:CIRCHE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malderistvagen 3, Vargon, SWE, 468 30

Website

https://www.circhem.com

Circhem AB is primarily involved in the solvent recycling process which includes recycling and purification of industrial chemicals. It offers solution that enables the industry to reduce its emissions and at the same time increase profitability.

Circhem AB (OSTO:CIRCHE) Headlines

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