QS Energy's Total Assets for the quarter that ended in Mar. 2024 was $0.09 Mil.
During the past 12 months, QS Energy's average Total Assets Growth Rate was -29.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -39.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -27.00% per year.
During the past 10 years, the average Total Assets Growth Rate was -10.60% per year.
During the past 13 years, QS Energy's highest 3-Year average Total Assets Growth Rate was 236.20%. The lowest was -63.80%. And the median was -9.05%.
Total Assets is connected with ROA %. QS Energy's annualizedROA % for the quarter that ended in Mar. 2024 was -2,064.37%. Total Assets is also linked to Revenue through Asset Turnover. QS Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.
QS Energy Total Assets Historical Data
The historical data trend for QS Energy'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.
QS Energy'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.
QS Energy'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.
QS Energy Total Assets Related Terms
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QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
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