Candles Scandinavia B (OSTO:CANDLE B) Total Assets : kr119.6 Mil (As of Jan. 2024)

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What is Candles Scandinavia B Total Assets?

Candles Scandinavia B's Total Assets for the quarter that ended in Jan. 2024 was kr119.6 Mil.

During the past 12 months, Candles Scandinavia B's average Total Assets Growth Rate was -26.80% per year.

Total Assets is connected with ROA %. Candles Scandinavia B's annualized ROA % for the quarter that ended in Jan. 2024 was -8.91%. Total Assets is also linked to Revenue through Asset Turnover. Candles Scandinavia B's Asset Turnover for the quarter that ended in Jan. 2024 was 0.33.

Candles Scandinavia B Total Assets Historical Data

The historical data trend for Candles Scandinavia B'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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Candles Scandinavia B Total Assets Chart

Candles Scandinavia B Annual Data

Trend

Apr20

Apr21

Apr22

Total Assets

49.43

56.07

98.73

Candles Scandinavia B Quarterly Data
	Apr20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial										187.65	165.29	129.75	127.49	119.57

Candles Scandinavia B 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.

Candles Scandinavia B's Total Assets for the fiscal year that ended in Apr. 2022 is calculated as

Total Assets	=	Total Equity (A: Apr. 2022 )	+	Total Liabilities (A: Apr. 2022 )
	=	42.47	+	56.264
	=	98.7

Candles Scandinavia B's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	94.908	+	24.665
	=	119.6

Candles Scandinavia B (OSTO:CANDLE B) Total Assets Explanation

Total Assets is connected with ROA %.

Candles Scandinavia B's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-11.004	/	( (127.491	+	119.572)	/ 2 )
	=	-11.004	/	123.5315
	=	-8.91 %

Note: The Net Income data used here is four times the quarterly (Jan. 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.

Candles Scandinavia B's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	40.599	/	( (127.491	+	119.572)	/ 2 )
=	40.599	/	123.5315
=	0.33

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.

Candles Scandinavia B Total Assets Related Terms

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Candles Scandinavia B (OSTO:CANDLE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candles Scandinavia B (OSTO:CANDLE B) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cv-Gatan 38 B, Orebro, SWE, 703 82

Website

https://www.candles.se

Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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