Amber Grid AB (OVSE:AMG1L) Total Assets : €330.48 Mil (As of Mar. 2024)

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What is Amber Grid AB Total Assets?

Amber Grid AB's Total Assets for the quarter that ended in Mar. 2024 was €330.48 Mil.

During the past 12 months, Amber Grid AB's average Total Assets Growth Rate was -18.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was -0.50% per year.

During the past 11 years, Amber Grid AB's highest 3-Year average Total Assets Growth Rate was 32.10%. The lowest was -14.50%. And the median was -2.90%.

Total Assets is connected with ROA %. Amber Grid AB's annualized ROA % for the quarter that ended in Mar. 2024 was 4.78%. Total Assets is also linked to Revenue through Asset Turnover. Amber Grid AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Amber Grid AB Total Assets Historical Data

The historical data trend for Amber Grid 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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Amber Grid AB Total Assets Chart

Amber Grid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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256.34

316.37

380.21

548.36

333.39

Amber Grid AB 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															396.21	328.45	333.65	333.39	330.48

Amber Grid 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.

Amber Grid 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 )
	=	187.526	+	145.863
	=	333.39

Amber Grid 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 )
	=	191.49	+	138.993
	=	330.48

Amber Grid AB (OVSE:AMG1L) Total Assets Explanation

Total Assets is connected with ROA %.

Amber Grid 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 )
	=	15.856	/	( (333.389	+	330.483)	/ 2 )
	=	15.856	/	331.936
	=	4.78 %

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.

Amber Grid 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 )
=	20.567	/	( (333.389	+	330.483)	/ 2 )
=	20.567	/	331.936
=	0.06

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.

Amber Grid AB Total Assets Related Terms

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Amber Grid AB (OVSE:AMG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Amber Grid AB (OVSE:AMG1L) » Definitions » Total Assets

Traded in Other Exchanges

AMH:Germany

Address

Laisv?s pr. 10, Vilnius, LTU, LT-04215

Website

https://www.ambergrid.lt

Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

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