ReadSoft AB (OSTO:RSOF B) Total Assets : kr814.3 Mil (As of Jun. 2014)

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What is ReadSoft AB Total Assets?

ReadSoft AB's Total Assets for the quarter that ended in Jun. 2014 was kr814.3 Mil.

Warning Sign:

If a company builds asset at 12.2% a year, faster than its revenue growth rate of 6.5% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, ReadSoft AB's average Total Assets Growth Rate was 5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 13.30% per year. During the past 5 years, the average Total Assets Growth Rate was 12.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.90% per year.

During the past 13 years, ReadSoft AB's highest 3-Year average Total Assets Growth Rate was 32.40%. The lowest was 0.00%. And the median was 12.60%.

Total Assets is connected with ROA %. ReadSoft AB's annualized ROA % for the quarter that ended in Jun. 2014 was 1.97%. Total Assets is also linked to Revenue through Asset Turnover. ReadSoft AB's Asset Turnover for the quarter that ended in Jun. 2014 was 0.26.

ReadSoft AB Total Assets Historical Data

The historical data trend for ReadSoft 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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ReadSoft AB Total Assets Chart

ReadSoft AB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Assets

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581.40

609.91

706.97

809.84

827.33

ReadSoft AB Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Total Assets	Get a 7-Day Free Trial															796.40	759.90	827.33	811.00	814.30

ReadSoft 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.

ReadSoft AB's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets	=	Total Equity (A: Dec. 2013 )	+	Total Liabilities (A: Dec. 2013 )
	=	351.211	+	476.116
	=	827.3

ReadSoft AB's Total Assets for the quarter that ended in Jun. 2014 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2014 )	+	Total Liabilities (Q: Jun. 2014 )
	=	325.9	+	488.4
	=	814.3

ReadSoft AB (OSTO:RSOF B) Total Assets Explanation

Total Assets is connected with ROA %.

ReadSoft AB's annualized ROA % for the quarter that ended in Jun. 2014 is

ROA %	=	Net Income (Q: Jun. 2014 )	/	( (Total Assets (Q: Mar. 2014 )	+	Total Assets (Q: Jun. 2014 ))	/ count )
	=	16	/	( (811	+	814.3)	/ 2 )
	=	16	/	812.65
	=	1.97 %

Note: The Net Income data used here is four times the quarterly (Jun. 2014) 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.

ReadSoft AB's Asset Turnover for the quarter that ended in Jun. 2014 is

	Asset Turnover
=	Revenue (Q: Jun. 2014 )	/	( (Total Assets (Q: Mar. 2014 )	+	Total Assets (Q: Jun. 2014 ))	/ count )
=	209.3	/	( (811	+	814.3)	/ 2 )
=	209.3	/	812.65
=	0.26

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.

ReadSoft AB Total Assets Related Terms

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ReadSoft AB (OSTO:RSOF B) Business Description

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ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.

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