ABL Group ASA's Total Assets for the quarter that ended in Dec. 2023 was kr1,904 Mil.
Warning Sign:
If a company builds assets at 41.7% a year, faster than its revenue growth rate of 26.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, ABL Group ASA's average Total Assets Growth Rate was 69.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 27.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 41.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 26.30% per year.
During the past 11 years, ABL Group ASA's highest 3-Year average Total Assets Growth Rate was 57.90%. The lowest was -7.30%. And the median was 26.30%.
The historical data trend for ABL Group 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.
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.
ABL Group ASA'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.
ABL Group ASA'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.
ABL Group ASA Total Assets Related Terms
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ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.
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