Ekobot AB (OSTO:EKOBOT) Total Assets : kr10.64 Mil (As of Mar. 2024)

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What is Ekobot AB Total Assets?

Ekobot AB's Total Assets for the quarter that ended in Mar. 2024 was kr10.64 Mil.

During the past 12 months, Ekobot AB's average Total Assets Growth Rate was -65.60% per year. During the past 3 years, the average Total Assets Growth Rate was 51.10% per year.

During the past 5 years, Ekobot AB's highest 3-Year average Total Assets Growth Rate was 88.40%. The lowest was 51.10%. And the median was 69.75%.

Total Assets is connected with ROA %. Ekobot AB's annualized ROA % for the quarter that ended in Mar. 2024 was -426.14%. Total Assets is also linked to Revenue through Asset Turnover. Ekobot AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Ekobot AB Total Assets Historical Data

The historical data trend for Ekobot 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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Ekobot AB Total Assets Chart

Ekobot AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

6.42

8.92

26.83

31.22

27.59

Ekobot AB Quarterly Data
	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													52.86	35.99	32.61	27.59	10.64

Ekobot 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.

Ekobot 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 )
	=	18.105	+	9.486
	=	27.59

Ekobot 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 )
	=	1.97	+	8.667
	=	10.64

Ekobot AB (OSTO:EKOBOT) Total Assets Explanation

Total Assets is connected with ROA %.

Ekobot 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 )
	=	-81.452	/	( (27.591	+	10.637)	/ 2 )
	=	-81.452	/	19.114
	=	-426.14 %

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.

Ekobot 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 )
=	0	/	( (27.591	+	10.637)	/ 2 )
=	0	/	19.114
=	0.00

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.

Ekobot AB Total Assets Related Terms

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Ekobot AB (OSTO:EKOBOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekobot AB (OSTO:EKOBOT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

0NT:Germany

Address

Slakterigatan 10, Vasteras, SWE, 721 32

Website

https://www.ekobot.se

Ekobot AB is an agriculture research company engaged in developing, manufacturing, and selling autonomous agricultural robots that enable efficient precision farming where weed management takes place without or with minimal use of herbicides. It has focused on providing the agricultural sector with a long-term sustainable alternative for reducing chemical spraying in crops for human consumption.

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