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Geosolar Technologies (Geosolar Technologies) Total Assets : $0.99 Mil (As of Mar. 2024)


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What is Geosolar Technologies Total Assets?

Geosolar Technologies's Total Assets for the quarter that ended in Mar. 2024 was $0.99 Mil.

During the past 12 months, Geosolar Technologies's average Total Assets Growth Rate was 105.90% per year.

Total Assets is connected with ROA %. Geosolar Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -174.80%. Total Assets is also linked to Revenue through Asset Turnover. Geosolar Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Geosolar Technologies Total Assets Historical Data

The historical data trend for Geosolar Technologies'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.

Geosolar Technologies Total Assets Chart

Geosolar Technologies Annual Data
Trend Dec22 Dec23
Total Assets
0.49 0.98

Geosolar Technologies Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 0.49 - 0.50 0.98 0.99

Geosolar Technologies 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.

Geosolar Technologies'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 )
=-3.005+3.982
=0.98

Geosolar Technologies'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 )
=-3.151+4.141
=0.99

* 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.

Geosolar Technologies  (OTCPK:GSLR) Total Assets Explanation

Total Assets is connected with ROA %.

Geosolar Technologies'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 )
=-1.72/( (0.977+0.991)/ 2 )
=-1.72/0.984
=-174.80 %

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.

Geosolar Technologies'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 )
=0/( (0.977+0.991)/ 2 )
=0/0.984
=0.00

* 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.

Geosolar Technologies Total Assets Related Terms

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Geosolar Technologies (Geosolar Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
1400 16th Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.geosolarplus.com
Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

From GuruFocus

GeoSolar Technologies Inc. Completes Its Initial Research and Development Phase; Pivots Towards Scalability and Growth

By Marketwired • 04-16-2024