TagMaster AB (OSTO:TAGM B) Total Assets : kr447.2 Mil (As of Mar. 2024)

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What is TagMaster AB Total Assets?

TagMaster AB's Total Assets for the quarter that ended in Mar. 2024 was kr447.2 Mil.

Warning Sign:

If a company builds assets at 15.1% a year, faster than its revenue growth rate of 4.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TagMaster AB's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 14.70% per year. During the past 5 years, the average Total Assets Growth Rate was 15.10% per year. During the past 10 years, the average Total Assets Growth Rate was 36.50% per year.

During the past 13 years, TagMaster AB's highest 3-Year average Total Assets Growth Rate was 100.00%. The lowest was -15.00%. And the median was 17.80%.

Total Assets is connected with ROA %. TagMaster AB's annualized ROA % for the quarter that ended in Mar. 2024 was -2.83%. Total Assets is also linked to Revenue through Asset Turnover. TagMaster AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

TagMaster AB Total Assets Historical Data

The historical data trend for TagMaster 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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TagMaster AB Total Assets Chart

TagMaster AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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386.44

319.15

367.40

413.93

428.58

TagMaster 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															411.03	426.72	450.35	428.58	447.22

TagMaster 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.

TagMaster 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 )
	=	259.285	+	169.292
	=	428.6

TagMaster 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 )
	=	271.144	+	176.08
	=	447.2

TagMaster AB (OSTO:TAGM B) Total Assets Explanation

Total Assets is connected with ROA %.

TagMaster 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 )
	=	-12.404	/	( (428.577	+	447.224)	/ 2 )
	=	-12.404	/	437.9005
	=	-2.83 %

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.

TagMaster 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 )
=	99.286	/	( (428.577	+	447.224)	/ 2 )
=	99.286	/	437.9005
=	0.23

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.

TagMaster AB Total Assets Related Terms

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TagMaster AB (OSTO:TAGM B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TagMaster AB (OSTO:TAGM B) » Definitions » Total Assets

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Address

Kronborgsgrand 11, Kista, SWE, 164 46

Website

https://www.tagmaster.com

TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.

TagMaster AB (OSTO:TAGM B) Headlines

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