YIT Oyj's Total Assets for the quarter that ended in Mar. 2024 was $3,159 Mil.
During the past 12 months, YIT Oyj's average Total Assets Growth Rate was -4.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.40% per year.
During the past 5 years, the average Total Assets Growth Rate was -5.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.
During the past 13 years, YIT Oyj's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was -40.40%. And the median was 8.40%.
Total Assets is connected with ROA %. YIT Oyj's annualizedROA % for the quarter that ended in Mar. 2024 was -2.23%. Total Assets is also linked to Revenue through Asset Turnover. YIT Oyj's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.
YIT Oyj Total Assets Historical Data
The historical data trend for YIT Oyj'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.
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.
YIT Oyj's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
YIT Oyj's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
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.
YIT Oyj Total Assets Related Terms
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YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.
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