Graphjet Technology (Graphjet Technology) Total Assets : $6.69 Mil (As of Sep. 2022)

View and export this data going back to 2024. Start your Free Trial

What is Graphjet Technology Total Assets?

Graphjet Technology's Total Assets for the quarter that ended in Sep. 2022 was $6.69 Mil.

Total Assets is connected with ROA %. Graphjet Technology's annualized ROA % for the quarter that ended in Sep. 2022 was -13.66%. Total Assets is also linked to Revenue through Asset Turnover. Graphjet Technology's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Graphjet Technology Total Assets Historical Data

The historical data trend for Graphjet Technology'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.

* Premium members only.

Graphjet Technology Total Assets Chart

Graphjet Technology Annual Data

Trend

Sep21

Total Assets

Graphjet Technology Semi-Annual Data
	Sep21	Sep22
Total Assets	-	6.69

Graphjet Technology 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.

Graphjet Technology's Total Assets for the fiscal year that ended in Sep. 2021 is calculated as

Total Assets	=	Total Equity (A: Sep. 2021 )	+	Total Liabilities (A: Sep. 2021 )
	=	-0.002	+	0.002
	=	0.00

Graphjet Technology's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	-0.311	+	7
	=	6.69

Graphjet Technology (NAS:GTI) Total Assets Explanation

Total Assets is connected with ROA %.

Graphjet Technology's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-0.914	/	( (0	+	6.689)	/ 1 )
	=	-0.914	/	6.689
	=	-13.66 %

Note: The Net Income data used here is one times the annual (Sep. 2022) 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.

Graphjet Technology's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	0	/	( (0	+	6.689)	/ 1 )
=	0	/	6.689
=	0.00

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.

Graphjet Technology Total Assets Related Terms

Thank you for viewing the detailed overview of Graphjet Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Graphjet Technology (Graphjet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphjet Technology (NAS:GTI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit No L4-E-8, Enterprise 4, Technology Park Malaysia Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.graphjettech.com

Graphjet Technology Sdn Bhd is a fast-growing organization that aims to be a global leader in generating value by producing the most innovative, green, and low-cost graphene, graphite and graphene-based anode materials. Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite used to produce critical raw materials used in a variety of industries. Its current primary business is to develop its palm-based artificial graphene and graphite manufacturing business with its proprietary patentable technology to utilize palm kernel shells in the process of manufacturing and production of artificial graphene and graphite and related application products.