Ocean Power Technologies (STU:RUOB) Total Assets : €31.73 Mil (As of Jan. 2024)

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What is Ocean Power Technologies Total Assets?

Ocean Power Technologies's Total Assets for the quarter that ended in Jan. 2024 was €31.73 Mil.

During the past 12 months, Ocean Power Technologies's average Total Assets Growth Rate was 40.60% per year. During the past 3 years, the average Total Assets Growth Rate was 74.20% per year. During the past 5 years, the average Total Assets Growth Rate was 60.50% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 13 years, Ocean Power Technologies's highest 3-Year average Total Assets Growth Rate was 184.00%. The lowest was -54.60%. And the median was 0.00%.

Total Assets is connected with ROA %. Ocean Power Technologies's annualized ROA % for the quarter that ended in Jan. 2024 was -69.02%. Total Assets is also linked to Revenue through Asset Turnover. Ocean Power Technologies's Asset Turnover for the quarter that ended in Jan. 2024 was 0.05.

Ocean Power Technologies Total Assets Historical Data

The historical data trend for Ocean Power 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.

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Ocean Power Technologies Total Assets Chart

Ocean Power Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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16.35

12.46

72.21

67.96

48.68

Ocean Power Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															54.79	48.68	41.29	37.52	31.73

Ocean Power 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.

Ocean Power Technologies's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	40.085	+	8.592
	=	48.68

Ocean Power Technologies's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	23.19	+	8.54
	=	31.73

Ocean Power Technologies (STU:RUOB) Total Assets Explanation

Total Assets is connected with ROA %.

Ocean Power Technologies's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-23.9	/	( (37.522	+	31.73)	/ 2 )
	=	-23.9	/	34.626
	=	-69.02 %

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

Ocean Power Technologies's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	1.645	/	( (37.522	+	31.73)	/ 2 )
=	1.645	/	34.626
=	0.05

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.

Ocean Power Technologies Total Assets Related Terms

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Ocean Power Technologies (STU:RUOB) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ocean Power Technologies Inc (STU:RUOB) » Definitions » Total Assets

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OPTT:USA

Address

28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831

Website

https://www.oceanpowertechnologies.com

Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

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