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BTQ Technologies (NEOE:BTQ) Total Assets : C$10.52 Mil (As of Sep. 2023)


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What is BTQ Technologies Total Assets?

BTQ Technologies's Total Assets for the quarter that ended in Sep. 2023 was C$10.52 Mil.

Total Assets is connected with ROA %. BTQ Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was -430.57%. Total Assets is also linked to Revenue through Asset Turnover. BTQ Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

BTQ Technologies Total Assets Historical Data

The historical data trend for BTQ 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.

BTQ Technologies Total Assets Chart

BTQ Technologies Annual Data
Trend Dec21 Jan22
Total Assets
0.20 0.79

BTQ Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Jan23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial - 9.19 7.27 12.50 10.52

BTQ 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.

BTQ Technologies's Total Assets for the fiscal year that ended in Jan. 2022 is calculated as

Total Assets=Total Equity (A: Jan. 2022 )+Total Liabilities (A: Jan. 2022 )
=0.755+0.03
=0.79

BTQ Technologies's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=9.989+0.533
=10.52

* 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.

BTQ Technologies  (NEOE:BTQ) Total Assets Explanation

Total Assets is connected with ROA %.

BTQ Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-49.552/( (12.495+10.522)/ 2 )
=-49.552/11.5085
=-430.57 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

BTQ Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (12.495+10.522)/ 2 )
=0/11.5085
=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.

BTQ Technologies Total Assets Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Industry
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Traded in Other Exchanges
BTQQF:USA NG3:Germany
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Website
https://www.btq.li
BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.