Edda Wind ASA (OSL:EWIND) Total Assets : kr6,708.2 Mil (As of Mar. 2024)

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What is Edda Wind ASA Total Assets?

Edda Wind ASA's Total Assets for the quarter that ended in Mar. 2024 was kr6,708.2 Mil.

Warning Sign:

If a company builds assets at 51% a year, faster than its revenue growth rate of 25.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Edda Wind ASA's average Total Assets Growth Rate was 65.60% per year. During the past 3 years, the average Total Assets Growth Rate was 60.40% per year. During the past 5 years, the average Total Assets Growth Rate was 51.00% per year.

During the past 7 years, Edda Wind ASA's highest 3-Year average Total Assets Growth Rate was 60.40%. The lowest was 36.80%. And the median was 51.75%.

Total Assets is connected with ROA %. Edda Wind ASA's annualized ROA % for the quarter that ended in Mar. 2024 was 1.20%. Total Assets is also linked to Revenue through Asset Turnover. Edda Wind ASA's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Edda Wind ASA Total Assets Historical Data

The historical data trend for Edda Wind 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.

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Edda Wind ASA Total Assets Chart

Edda Wind ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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893.39

1,602.94

3,101.29

3,675.08

6,698.44

Edda Wind ASA Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial												5,275.15	5,619.63	5,780.68	6,698.44	6,708.21

Edda Wind ASA 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.

Edda Wind ASA'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 )
	=	3277.343	+	3421.1
	=	6,698.4

Edda Wind ASA'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 )
	=	3315.993	+	3392.215
	=	6,708.2

Edda Wind ASA (OSL:EWIND) Total Assets Explanation

Total Assets is connected with ROA %.

Edda Wind ASA'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 )
	=	80.652	/	( (6698.443	+	6708.208)	/ 2 )
	=	80.652	/	6703.3255
	=	1.20 %

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.

Edda Wind ASA'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 )
=	83.236	/	( (6698.443	+	6708.208)	/ 2 )
=	83.236	/	6703.3255
=	0.01

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.

Edda Wind ASA Total Assets Related Terms

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Edda Wind ASA (OSL:EWIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Edda Wind ASA (OSL:EWIND) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

EWINDO:Sweden VR1:Germany

Address

Smedasundet 97, Haugesund, NOR, 5501

Website

https://www.eddawind.com

Edda Wind ASA is a Norway-based company that provides service operations to the global offshore wind industry. The company develops, builds, owns, and operates purpose-built Service Operation Vessels (SOVs) and Commissioning Service Operation Vessels (CSOVs) for offshore wind farms worldwide.

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