Litgrid AB (OVSE:LGD1L) Total Assets : €725.7 Mil (As of Mar. 2024)

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What is Litgrid AB Total Assets?

Litgrid AB's Total Assets for the quarter that ended in Mar. 2024 was €725.7 Mil.

During the past 12 months, Litgrid AB's average Total Assets Growth Rate was 8.40% per year. During the past 3 years, the average Total Assets Growth Rate was 17.70% per year. During the past 5 years, the average Total Assets Growth Rate was 16.00% per year. During the past 10 years, the average Total Assets Growth Rate was 0.70% per year.

During the past 13 years, Litgrid AB's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was -13.00%. And the median was -4.70%.

Total Assets is connected with ROA %. Litgrid AB's annualized ROA % for the quarter that ended in Mar. 2024 was 12.26%. Total Assets is also linked to Revenue through Asset Turnover. Litgrid AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Litgrid AB Total Assets Historical Data

The historical data trend for Litgrid 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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Litgrid AB Total Assets Chart

Litgrid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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376.20

414.35

489.83

718.55

677.42

Litgrid 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															671.13	661.15	659.12	677.42	725.74

Litgrid 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.

Litgrid 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 )
	=	238.686	+	438.731
	=	677.4

Litgrid 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 )
	=	260.196	+	465.548
	=	725.7

Litgrid AB (OVSE:LGD1L) Total Assets Explanation

Total Assets is connected with ROA %.

Litgrid 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 )
	=	86.04	/	( (677.417	+	725.744)	/ 2 )
	=	86.04	/	701.5805
	=	12.26 %

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.

Litgrid 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 )
=	112.427	/	( (677.417	+	725.744)	/ 2 )
=	112.427	/	701.5805
=	0.16

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.

Litgrid AB Total Assets Related Terms

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Litgrid AB (OVSE:LGD1L) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Total Assets

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Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

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