BTRCF (Better Collective AS) Total Assets : $1,267.0 Mil (As of Sep. 2024)

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What is Better Collective AS Total Assets?

Better Collective AS's Total Assets for the quarter that ended in Sep. 2024 was $1,267.0 Mil.

Warning Sign:

If a company builds assets at 51.9% a year, faster than its revenue growth rate of 44.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Better Collective AS's average Total Assets Growth Rate was 19.70% per year. During the past 3 years, the average Total Assets Growth Rate was 49.20% per year. During the past 5 years, the average Total Assets Growth Rate was 51.90% per year.

During the past 10 years, Better Collective AS's highest 3-Year average Total Assets Growth Rate was 331.20%. The lowest was 49.20%. And the median was 101.90%.

Total Assets is connected with ROA %. Better Collective AS's annualized ROA % for the quarter that ended in Sep. 2024 was 0.39%. Total Assets is also linked to Revenue through Asset Turnover. Better Collective AS's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Better Collective AS Total Assets Historical Data

The historical data trend for Better Collective AS'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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Better Collective AS Total Assets Chart

Better Collective AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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255.11

383.29

675.01

831.81

1,022.75

Better Collective AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															993.53	1,022.75	1,253.98	1,264.31	1,267.03

Better Collective AS 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.

Better Collective AS'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 )
	=	474.671	+	548.08
	=	1,022.8

Better Collective AS's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	721.774	+	545.261
	=	1,267.0

Better Collective AS (OTCPK:BTRCF) Total Assets Explanation

Total Assets is connected with ROA %.

Better Collective AS's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	4.968	/	( (1264.306	+	1267.034)	/ 2 )
	=	4.968	/	1265.67
	=	0.39 %

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

Better Collective AS's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	90.069	/	( (1264.306	+	1267.034)	/ 2 )
=	90.069	/	1265.67
=	0.07

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.

Better Collective AS Total Assets Related Terms

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Better Collective AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Better Collective AS (OTCPK:BTRCF) » Definitions » Total Assets

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Traded in Other Exchanges

BETCO:Sweden BETCO DKK:Denmark 9C8:Germany

Address

Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250

Website

https://www.bettercollective.com

Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.